Previous close | 83.56 |
Open | 82.75 |
Bid | 80.70 x 800 |
Ask | 84.82 x 800 |
Day's range | 82.27 - 84.37 |
52-week range | 81.01 - 105.99 |
Volume | |
Avg. volume | 3,337,964 |
Market cap | 49.48B |
Beta (5Y monthly) | 1.42 |
PE ratio (TTM) | 17.43 |
EPS (TTM) | 4.78 |
Earnings date | 02 Aug 2022 - 08 Aug 2022 |
Forward dividend & yield | 2.06 (2.47%) |
Ex-dividend date | 12 May 2022 |
1y target est | 107.96 |
Emerson (EMR) combines its software business with Aspen Technology to form new AspenTech.
Aspen's (AZPN) integration with Emerson's OSI and GSS businesses is likely to boost its presence in the industrial software sector.
BEDFORD, Mass., May 16, 2022--Aspen Technology, Inc. (NASDAQ:AZPN) ("AspenTech" or "the Company"), a global leader in industrial software, today announced the completion of its transaction with Emerson Electric Co. (NYSE:EMR) ("Emerson"), including the addition of Emerson’s OSI Inc. and Geological Simulation Software (GSS) businesses to AspenTech. As part of the close of the transaction, Emerson has contributed $6.0 billion in cash to AspenTech, which will be received by AspenTech shareholders,