Flexible Electronics News

Emerson Completes Acquisition of Outstanding Shares of AspenTech

As an independent business unit, AspenTech’s results will be consolidated into the Control Systems & Software segment.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Emerson announced that it has completed its acquisition of all outstanding shares of common stock of Aspen Technology, Inc. not already owned by Emerson.  “The completion of our acquisition of AspenTech marks a key milestone in the final phase of Emerson’s portfolio transformation,” said Lal Karsanbhai, Emerson president and CEO. “I want to thank Antonio for his leadership of AspenTech and partnership with Emerson over the years. We look forward to welcoming the talented AspenTech team to Eme...

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