AspenTech to Acquire Micromine

July 27, 2022

Aspen Technology (AspenTech) entered into a definitive agreement to acquire Micromine, an end-to-end mining design and operational management software provider, for AU$900 million in cash. The acquisition adds an expanded mining software suite to AspenTech’s portfolio and is expected to close in AspenTech’s fiscal second quarter of 2023 (subject to regulatory approvals).

Buyers
Aspen Technology, Inc. (AspenTech)
Targets
Micromine
Sellers
Potentia Capital, Other sellers (unspecified)
Industry
Software
Location
Australia
Transaction Type
Buyout

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