Full-Time
AspenTech
1,001-5,000 employees
Compensation Overview
$104.4k - $130.5k/yr
Senior
Wayzata, MN, USA
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- Bachelor’s degree, preferably in Business, Finance/Accounting, Electrical/Computer Engineering or related technical field.
- Minimum of 8 years of relevant work experience in project management.
- Ability to travel up to 10%.
- Experience dealing with highly technical and complex projects.
- Experience with PERT/CPM and Microsoft Project.
- International project management and solid understanding of international cultures and business transactions.
- Electrical utility industry and/or automation/SCADA project experience.
- Engineering Degree and Experience with electrical utilities.
- Develop and/or oversee the development of project plans and schedules.
- Manage the contract change process as needed.
- Coordinate project implementation plans.
- Ensure that projects are properly tested, approved and documented.
- Set the strategy for projects based on the business unit's priorities.
- Lead and coach assigned project team members.
- Manage and determine budget, timelines, priorities and resources for the project.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Bedford, Texas
Founded
1981
Simplify's Take
What believers are saying
- Emerson's acquisition enhances AspenTech's industrial software leadership globally.
- Partnership with Oregon State University fosters R&D in advanced industrial software.
- Growing wind energy sector offers opportunities for AspenTech's predictive maintenance solutions.
What critics are saying
- Integration challenges may arise post-Emerson acquisition.
- Leadership changes could lead to talent retention issues.
- Increased competition in the industrial software sector poses challenges.
What makes AspenTech unique
- AspenTech's software integrates with Emerson's automation for enhanced operational efficiencies.
- Focus on AI-driven predictive maintenance aligns with global decarbonization trends.
- Acquisition of Open Grid Systems boosts regulatory compliance and grid management capabilities.
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Benefits
Remote Work Options
Professional Development Budget
Flexible Work Hours
Company News
Emerson has completed its acquisition of all outstanding shares of Aspen Technology, making AspenTech a wholly owned subsidiary. The acquisition followed a tender offer for $265 per share, with 72% of shares tendered. AspenTech's shares have ceased trading on NASDAQ. Antonio Pietri will retire as CEO, with Vincent M. Servello appointed as President. The transaction was advised by Goldman Sachs, Centerview Partners, and Davis Polk & Wardwell.
Emerson Electric Co. agreed to buy the rest of Aspen Technology that it doesn’t already own in a deal that values the industrial-software company at a fully diluted market value of $17 billion.
Emerson has agreed to acquire the remaining shares of AspenTech that it does not already own for $265 per share, in a deal valued at $7.2 billion. Emerson currently holds approximately 57% of AspenTech's shares. Once the transaction is completed, AspenTech will become a wholly owned subsidiary of Emerson. The acquisition is expected to be finalized in the first half of 2025.
Emerson Electric has agreed to acquire the remaining shares of Aspen Technology for $7.2 billion, enhancing its shift towards industrial technology. This deal values AspenTech at an operating value of $16.8 billion, with a share price of $265, a 10.4% premium over a previous offer. The acquisition, expected to close in June, will make AspenTech a full subsidiary of Emerson. The purchase will be financed through cash and debt, with Goldman Sachs and CenterView Partners advising Emerson.
Friday, 29 November 2024The UK Government’snine new offshore wind contracts highlight the global surge in renewable energy. The global wind industry added a record-breaking 117GW of new capacity in 2023, marking the strongest year yet for wind energy growth, according to the latest Global Wind Report from the Global Wind Energy Council.Wind farms are central to climate action, providing clean energy that significantly reduces carbon emissions. As governments strive to meet climate targets, wind energy’s role in decarbonizing power generation is more crucial than ever.However, maintaining wind farms efficiently presents unique challenges. Historically, wind farms relied on reactive maintenance, addressing issues only after problems arose. This approach often led to costly downtime, impacting both turbine lifespan and energy production, particularly during periods of high electricity demand, typically during the winter months. Given the remote locations of many wind farms, these delays were often complex to manage, particularly when harsh weather conditions limited accessibility or extended repair times.The drive for efficiencyAs wind farms grow in size and number, the need for operational efficiency becomes vital