Emerson has officially completed the acquisition of the remaining outstanding shares of Aspen Technology, solidifying its full ownership of the industrial software company. The move strengthens Emerson’s position in the automation and software sector, enhancing its ability to deliver advanced digital solutions across various industries.
AspenTech, known for its expertise in asset optimization software, provides solutions that help businesses improve efficiency, sustainability, and operational performance. Emerson had previously acquired a majority stake in the company and has now taken full control to further integrate its software capabilities into its broader automation portfolio.
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“This acquisition marks a significant step in Emerson’s strategy to expand its industrial software offerings,” said Emerson President and CEO Lal Karsanbhai. “By fully integrating AspenTech, we can provide customers with comprehensive automation solutions that drive digital transformation and optimize performance across critical industries.”
The acquisition aligns with Emerson’s long-term vision of leveraging digital technologies to enhance productivity in sectors such as energy, manufacturing, and chemical processing. With the full integration of AspenTech’s software solutions, Emerson aims to accelerate innovation and provide customers with smarter, more efficient operational tools.