Emerson Acquires Remaining Shares of AspenTech for $7.2 Billion

Emerson and AspenTech Combine to Create New AspenTech

May 16, 2022

Software

Emerson entered into a definitive agreement to contribute its industrial software businesses—OSI Inc. and its Geological Simulation Software business—to AspenTech to form a new, diversified industrial software company (“new AspenTech”). Emerson would receive a 55% stake in new AspenTech, contributing $6.0 billion in cash, while AspenTech shareholders receive cash and shares in the combined company; the transaction was later successfully closed.

Emerson Acquires NI (National Instruments) for $8.2 Billion

October 11, 2023

IT Services

Emerson announced it has closed its acquisition of NI, a provider of software-connected automated test and measurement systems, for an equity value of $8.2 billion. The deal expands Emerson’s automation capabilities and increases end-market exposure—particularly in discrete industries such as semiconductors and electronics, transportation, and aerospace & defense.

Emerson Acquires Open Systems International (OSI Inc.) for $1.6B

August 27, 2020

Software

Emerson agreed to acquire Open Systems International, Inc. (OSI Inc.) for $1.6 billion in an all-cash transaction to expand its software capabilities for the power industry. The deal brings OSI’s grid management and operations technology software and associated engineering services into Emerson’s automation and software portfolio to accelerate digitization and renewable integration across utilities.

Aspen Technology, Inc. Acquires inmation Software GmbH

October 24, 2022

Software

Aspen Technology, Inc. (AspenTech) has acquired inmation Software GmbH, a Cologne-based leader in industrial real-time information management, to strengthen its industrial data and connectivity capabilities and establish inmation as the cornerstone of its AIoT business unit. The acquisition enhances AspenTech's ability to integrate, manage, and contextualize industrial data across plant-level historians and enterprise systems to support customers' digitalization, sustainability, and profitability goals.

Emerson Acquires 7AC Technologies, Inc.

November 23, 2020

HVAC & Mechanical

Emerson has completed the acquisition of 7AC Technologies, a Beverly, Massachusetts-based startup that develops liquid desiccant air-conditioning technology. The deal expands Emerson's commercial and residential HVAC capabilities by adding 7AC's energy-efficient humidity and air-management solutions.

AspenTech to Acquire Micromine

July 27, 2022

Software

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).