Aspen Technology

AZPN

US0453271035

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
198.4 ^USD	+0.22%		+0.72%	+19.32%

Feb. 07	Baird Adjusts Price Target on Aspen Technology to $225 From $230, Maintains Outperform Rating	MT
Feb. 06	Aspen Technology Fiscal Q2 Non-GAAP Net Income, Revenue Rise; Increases 2024 Net Income Guidance	MT

Aspen Technology : Emerson to merge software units with AspenTech in $11 billion deal

October 11, 2021 at 07:09 am EDT

(Reuters) - Industrial-automation systems maker Emerson Electric Co said on Monday it would merge its software units with smaller rival Aspen Technology in a deal for about $11 billion.

The cash-and-stock deal is for about $160 per AspenTech share, the company said.

(Reporting by Sanjana Shivdas in Bengaluru; editing by Uttaresh.V)

Latest news about Aspen Technology

Baird Adjusts Price Target on Aspen Technology to $225 From $230, Maintains Outperform Rating	Feb. 07	MT
Aspen Technology Fiscal Q2 Non-GAAP Net Income, Revenue Rise; Increases 2024 Net Income Guidance	Feb. 06	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q2 Revenue $257.2M, vs. Street Est of $266.6M	Feb. 06	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q2 EPS $1.37, vs. Street Est of $1.50	Feb. 06	MT
Aspen Technology Aims Full Net-Zero Green House Gas Emissions by 2045	Jan. 30	MT
Piper Sandler Raises Price Target on Aspen Technology to $196 From $180, Maintains Neutral Rating	Jan. 09	MT
Loop Capital Upgrades Aspen Technology to Buy From Hold, Price Target is $213	Dec. 01	MT
Baird Upgrades Aspen Technology to Outperform From Neutral, Boosts Price Target to $202 From $194	Nov. 14	MT
Aspen Technology Expects to Utilize $185.8 Million Remaining Under Share Repurchase Authorization in Rest of Fiscal 2024	Nov. 06	MT
Aspen Technology Repurchased 579,798 Shares for $114.2 Million During Fiscal Q1 Under $300 Million Buyback Authorization	Nov. 06	MT
Aspen Technology Fiscal Q1 Non-GAAP Earnings, Revenue Decline; Shares Retreat After Hours	Nov. 06	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q1 Revenue $249.3M, vs. Street Est of $265.5M	Nov. 06	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q1 EPS $1.16, vs. Street Est of $1.44	Nov. 06	MT
Aspen Technology Guides For FY 2024 EPS of at Least $6.57 on Revenue of $1.12 Billion, vs CIQ Analyst Consensus of $6.57/Share on Revenue of $1.14 Billion	Nov. 06	MT
Sector Update: Tech Stocks Fall Late Afternoon	23-10-20	MT
Sector Update: Tech Stocks Easing Friday Afternoon	23-10-20	MT
Aspen Technology Shares Fall After Announcing CFO Departure, Fiscal 2024 Outlook Affirmed	23-10-20	MT
Aspen Technology CFO Breithaupt to Depart; Fiscal 2024 Outlook Affirmed	23-10-19	MT
Baird Adjusts Price Target on Aspen Technology to $194 From $184, Maintains Neutral Rating	23-08-02	MT
Piper Sandler Adjusts Price Target on Aspen Technology to $180 From $175, Maintains Neutral Rating	23-08-02	MT
Aspen Fiscal Q4 Non-GAAP Net Income Falls, Revenue Rises; Fiscal 2024 Targets Set; Shares Jump After Hours	23-08-01	MT
Transcript : AspenTech Corporation, Q4 2023 Earnings Call, Aug 01, 2023	23-08-01
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q4 Revenue $320.6M, vs. Street Est of $326.4M	23-08-01	MT
Earnings Flash (AZPN) ASPEN TECHNOLOGY Posts Q4 EPS $2.13, vs. Street Est of $2.17	23-08-01	MT
Keybanc Downgrades Aspen Technology to Sector Weight From Overweight	23-07-26	MT

Aspen Technology, Inc. is a provider of integrated asset optimization software solutions. The Company offers asset optimization software that optimizes asset design, operations, and maintenance in complex industrial environments. The Company's segments include Subscription and Software, and Services and other. The subscription and software segment is engaged in the licensing of process optimization and asset performance management software solutions and associated support services. The services and other segment includes professional services and training. The Company's aspenONE solutions are organized into three suites: engineering; manufacturing and supply chain; and asset performance management (APM). Each product suite powers its artificial intelligence of things (AIoT) products as the foundation of industrial data. Its software applications are offered in three suites: aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance Management.

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