Emerson plans $15 billion merger of software units with AspenTech

By

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
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
automationemersonindustrialmergersoftware

Sponsored Whitepapers

Leverage Technologies: Industry-Tailored ERP Implementation for Growth and Compliance
Leverage Technologies: Industry-Tailored ERP Implementation for Growth and Compliance
Service Over Signatures: The Truth About No Lock-In IT
Service Over Signatures: The Truth About No Lock-In IT
Wasabi Reveals Hidden Costs and Cloud Storage Shifts in ANZ for 2025
Wasabi Reveals Hidden Costs and Cloud Storage Shifts in ANZ for 2025
Datacom + Microsoft Azure: Turn Ideas Into Impact in Just 4 Weeks
Datacom + Microsoft Azure: Turn Ideas Into Impact in Just 4 Weeks
Protect APIs. Protect Your Business.
Protect APIs. Protect Your Business.

Events

Most Read Articles

AGL taps AI agents in retail transformation

AGL taps AI agents in retail transformation
TAFE NSW inks $34m Microsoft renewal

TAFE NSW inks $34m Microsoft renewal
Microsoft to cut about four percent of jobs amid hefty AI bets

Microsoft to cut about four percent of jobs amid hefty AI bets
nib develops Cortex-powered AI to streamline data migration

nib develops Cortex-powered AI to streamline data migration
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?