Emerson To Complete AspenTech Takeover For $7.2 Billion

Core Viewpoint - Emerson Electric has agreed to acquire the remaining shares of AspenTech for $7.2 billion, enhancing its position in the industrial software market [1][2][3]. Company Summary - Emerson currently holds a 57$265 per share for the remaining shares, which is a 10.4% increase from its previous offer of $240 per share [2][3]. - The acquisition will give AspenTech an implied market valuation of$16.8 billion [3]. - The deal is expected to close in the first half of the year, after which AspenTech will operate as a wholly owned subsidiary of Emerson [4]. Industry Context - This acquisition reflects a trend in the industrial automation market, where companies like Schneider Electric and Honeywell are also expanding their software capabilities to compete in a rapidly evolving landscape driven by AI and big data [5][6]. - Emerson's CEO emphasized the importance of this transaction for the company's portfolio transformation and future innovation in industrial software [7][8].