Emerson To Complete AspenTech Takeover For $7.2 Billion
1. Emerson will buy remaining AspenTech shares for $265 each, totaling $7.2 billion. 2. The acquisition enhances Emerson's position in industrial software and automation markets. 3. Deal reflects a broader trend of consolidation in the competitive industrial software space. 4. AspenTech to operate as a wholly owned subsidiary post-acquisition. 5. The transaction is seen as a milestone in Emerson's portfolio transformation.