Full-Time
Posted on 10/3/2025
Asset optimization software for process industries
No salary listed
Noida, Uttar Pradesh, India + 1 more
More locations: Bengaluru, Karnataka, India
In Person
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AspenTech provides industrial software that optimizes asset design, operations, and maintenance across the full lifecycle for capital-intensive process industries. Its offerings help customers improve efficiency, reduce costs, and boost operational performance by analyzing industrial data, modeling assets and processes, and applying optimization and lifecycle maintenance strategies. The software suite targets chemicals, energy, and engineering & construction, distinguishing itself with a specialized focus on asset optimization for these sectors rather than broad, general-purpose tools. The goal is to help clients maximize asset performance and reduce total operating costs through integrated design, operation, and maintenance solutions.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Bedford, Texas
Founded
1981
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Remote Work Options
Professional Development Budget
Flexible Work Hours
Aspen, July 21st 2025 - Rooted in a legacy of environmental stewardship dating back to 1910, ZEGNA announces the launch of the "Oasi Zegna Global Initiatives" in Aspen, Colorado.
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.