Aspen TechnologyAspenTech
Engineering Software · Massachusetts, United States · 3,900 Employees
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About
Headquarters
20 Crosby Dr, Bedford, Massachusetts, 01730, Un...Phone Number
(781) 221-6400Website
www.aspentech.comRevenue
$1.1 BillionStock Symbol
AZPNIndustry
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Highlights
$608.2M
Total Funding Amount
$475M
Most Recent Funding Amount
4
Number of Funding Rounds
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Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2025
BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its second quarter in fiscal 2025, ended December 31, 2024. Second Quarter Fiscal Year 2025 and Recent Business Highlights Annual contract value1 (“ACV”) was $964.9 million for the second quarter of fiscal 2025, increasing 9.2% year over year and 2.5% quarter over quarter. Cash flow from operations was $38.1 millionEmerson To Buy Remaining Outstanding Shares Of AspenTech For $7.2 Billion - Pulse 2.0
Emerson and Aspen Technology announced that they had reached an agreement under which Emerson would acquire all outstanding shares of common stock of AspenTech not already owned by Emerson for $265 per share under an all-cash tender offer. The deal values the minority stake being acquired at $7.2 billion and the total company at a fully diluted market capitalization of $17 billion with an enterprise value of $16.8 billion.Emerson to acquire remaining shares of AspenTech for $7.2bn
The transaction is expected to close in the first half of 2025, pending customary closing conditions.AZPN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Aspen Technology, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Aspen Technology, Inc. (NASDAQ: AZPN) to Emerson for $265.00 per share in cash is fair to Aspen shareholders. Halper Sadeh encourages Aspen shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Aspen and its board of
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Frequently Asked Questions Regarding Aspen TechnologyAspenTech
Aspen Technology, Inc., together with its subsidiaries, provides software & services in the United States, Europe, and internationally. It operates through two segments, Subscription and Software, and Services. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environmen... Read More