Boston Business Journal

One of Massachusetts' largest public companies to be acquired in $7.2B deal

Aspen Technology has agreed to be acquired by Fortune 500 company Emerson Electric.

Missouri-based Emerson Electric already had owned a majority stake in the Bedford-based software company after a merger in 2022. The companies announced Monday that Emerson Electric will buy the remaining shares of AspenTech for $265 per share in an all-cash offer, valuing the minority stake being acquired at $7.2 billion.

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