# AspenTech agrees to acquire mining software provider Micromine

Emerson's majority-owned subsidiary AspenTech announced an agreement to acquire Micromine, an end-to-end mining software provider based in Perth, Australia, to expand into the metals and mining market.

- Type: Acquisition
- Announced: 2022-07-27
- Where: Perth, Australia, Australia
- Status: announced
- Products: mining software
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Emerson Electric](https://endata.com/companies/654.md) (investor)
- [Aspen Technology](https://endata.com/companies/36164.md) (acquirer)
- [MICROMINE](https://endata.com/companies/55683.md) (target)

## Sources

- [business.thepilotnews.com](https://business.thepilotnews.com/thepilotnews/article/bizwire-2022-7-27-emersons-majority-owned-subsidiary-aspentech-announces-agreement-to-acquire-metals-and-mining-software-leader-micromine), 2022-07-27: "This acquisition will build on AspenTech’s leading software portfolio, furthering its diversification strategy into the metals and mining market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
