Emerson plans $15 billion merger of software units with AspenTech

By
Follow google news

Industrial software makers to join forces.

Emerson plans $15 billion merger of software units with AspenTech
Industrial-automation systems maker Emerson Electric plans to merge two of its software businesses with smaller rival Aspen Technology Inc in a deal worth about US$11 billion (A$15 billion), the Wall Street Journal reported. The cash-and-stock transaction would value AspenTech at about US$160 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
automationemersonindustrialmergersoftware

Sponsored Whitepapers

Shift left: The IT leader's digital workplace maturity playbook
Shift left: The IT leader's digital workplace maturity playbook
Mind the M365 security gap
Mind the M365 security gap
The future of resilience: AI-Driven dynamic storage
The future of resilience: AI-Driven dynamic storage
Stop Hiring Like It’s 2025: AI-Augmented Cybersecurity Performance Data Every CISO Needs
Stop Hiring Like It’s 2025: AI-Augmented Cybersecurity Performance Data Every CISO Needs
5 reasons to adopt a mobile first security strategy
5 reasons to adopt a mobile first security strategy

Events

Most Read Articles

Macquarie Bank saves 130,000 hours in seven months of Gemini Enterprise use

Macquarie Bank saves 130,000 hours in seven months of Gemini Enterprise use
Fed gov faces major M365 licensing change

Fed gov faces major M365 licensing change
Woolworths gives agentic-powered Olive chatbot to its 200,000 staff

Woolworths gives agentic-powered Olive chatbot to its 200,000 staff
Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases
techpartner.news logo
Sydney-based AI-cloud waste startup raises $3m
Sydney-based AI-cloud waste startup raises $3m
Brennan uses NiCE to modernise its contact centre
Brennan uses NiCE to modernise its contact centre
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Interactive introduces private cloud platform
Interactive introduces private cloud platform
Digital61 expands cybersecurity portfolio
Digital61 expands cybersecurity portfolio

Log In

  |  Forgot your password?