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Latest AZPN News From Around the Web
Below are the latest news stories about ASPEN TECHNOLOGY INC that investors may wish to consider to help them evaluate AZPN as an investment opportunity.
Aspen's DGM Software Witnesses Continued Adoption: Stock to Gain?By harnessing the power of AZPN's flagship DGM solution, ISA achieves 99.99% power reliability across roughly 16,395 miles of circuits in Latin America. |
Aspen Technology Helps Leading Energy Transmission Company in Latin America Deliver 99.99 Percent Power Reliability to CustomersBEDFORD, Mass., December 10, 2024--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Interconexión Eléctrica S.A. E.S.P. (ISA), the largest multi-country energy transmission company in Latin America, is using its Digital Grid Management (DGM) solutions to deliver 99.99% reliability across approximately 16,395 miles of circuit throughout the region. ISA and AspenTech are partnering to ensure power is accessible, secure and reliably available to pop |
Why Is Aspen Technology (AZPN) Up 3.2% Since Last Earnings Report?Aspen Technology (AZPN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. |
Aspen Technology forms committee to evaluate Emerson's offerEarlier this month, Emerson proposed to buy its remaining stake in AspenTech at a valuation of $15.1 billion, as the company banks on demand from industrial automation. The company in 2021 merged its software units with smaller rival Aspen Technology and took control of about 55% of the combined entity. Emerson, founded a century ago, has streamlined its portfolio over the past few years to focus on technology as companies modernize their factory floors to include more automation. |
Aspen Technology Forms Special Committee to Evaluate Non-Binding Acquisition Proposal from EmersonBEDFORD, Mass., November 20, 2024--Aspen Technology, Inc. (NASDAQ:AZPN) ("AspenTech" or "the Company"), a global leader in industrial software, today announced that its Board of Directors has formed a special committee (the "Special Committee") composed of three independent directors to consider the non-binding proposal from Emerson Electric Co. (NYSE:EMR) ("Emerson") received on November 5, 2024. Emerson and its affiliates currently own 57.4% of the Company’s outstanding common shares. |
Aspen Technology (AZPN) is a Great Momentum Stock: Should You Buy?Does Aspen Technology (AZPN) have what it takes to be a top stock pick for momentum investors? Let's find out. |
Aspen Technology Chosen to Optimize Renewable Generation For Iceland’s Largest Power ProducerBEDFORD, Mass., November 14, 2024--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a strategic partnership with Landsvirkjun, the largest power producer in Iceland. The utility will be implementing AspenTech OSI Digital Grid Management software that will enable it to enhance real-time control and optimize power generation, ensuring the secure and efficient management of its 18 plants across Iceland. |
Aspen Technology Announces Receipt of Unsolicited Acquisition Proposal from EmersonBEDFORD, Mass., November 05, 2024--Aspen Technology, Inc. (NASDAQ:AZPN) ("AspenTech" or "the Company"), a global leader in industrial software, today announced that its Board of Directors received an unsolicited, non-binding proposal letter, dated November 5, 2024, from Emerson Electric Co. (NYSE:EMR) ("Emerson"), to acquire all of the outstanding shares of common stock of the Company not already owned by Emerson for cash consideration of $240.00 per share. |
'Old Economy' Stocks Soar On Earnings And New Growth DriversDuPont de Nemours beat earnings estimates early Tuesday led by higher artificial intelligence and China demand. Other "old economy" stocks Emerson Electric and Louisiana Pacific scored earnings breakaway gaps. |
Aspen Q1 Earnings & Revenues Miss Estimates, Decline Y/YRobust demand for the DGM suite cushions AZPN's first-quarter performance amid macroeconomic uncertainty. |