Emerson plans $15 billion merger of software units with AspenTech

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Emerson plans $15 billion merger of software units with AspenTech

Industrial software makers to join forces.

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 ...

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