Industrial software has become a new focus of competition, and giants have increased their bid to acquire or split and merge
Time:2023-02-25
According to preliminary estimates, the new AspenTech is expected to have an annual revenue of US $1.1 billion in fiscal year 2022, with an adjusted EBITDA of US $490 million, and achieve a double-digit annual expenditure growth by 2026.
Emerson also reiterated the basic sales guidance of 5% - 6% in fiscal year 2021, and the adjusted EPS guidance was $4.06-4.08. The deal is Emerson's latest deal in the software field. Last year, the company bought Open Systems International for $1.6 billion.
Emerson Electric Company was founded in Missouri in 1890. The company is a global leader in designing and manufacturing products and providing services. The company combines technology and engineering to provide innovative solutions for customers in industrial, commercial and consumer markets around the world.
AspenTech (AspenTech), headquartered in the United States, is a leading supplier of process manufacturing optimization software - serving energy, chemical, pharmaceutical, engineering design and construction, and other industries that use chemical processes to manufacture and produce products. Its main product is Aspen Engineering Suite large-scale general simulation system. The most widely used version is the V7. X version of its aspenONE software. With comprehensive aspenONE solutions, process manufacturers can implement best practices to optimize their engineering, manufacturing and supply chain operations.
Aspen Suite is a large-scale general process simulation system for production device design, steady-state simulation and optimization. Aspen Plus is a large-scale general process simulation system, which originated from the battle organized by the United States Department of Energy at the Massachusetts Institute of Technology (MIT) in the late 1970s to develop a new third-generation process simulation software. The project is called "Advanced System for Process Engineering" (ASPEN for short), and in 1981, it has more than ten versions. It has become a world-recognized standard large-scale process simulation software, with millions of application cases. The world's leading oil and gas, chemical, engineering design and construction, pharmaceutical, food, beverage and consumer packaging products companies all rely on AspenTech to operate their businesses.
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