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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Wed., Jan. 20, 7:09 AM Recent mergers and acquisitions in the Application Software M&A category.

Slide #41. Aspen Technology, Inc. Sulsim Software from Sulphur Experts

Acquirer: Aspen Technology, Inc. (NASDAQ:AZPN)
Acquiree: Sulsim Software from Sulphur Experts
Details: Aspen Technology, Inc. (NASDAQ:AZPN), a leading provider of software and services to the process industries, announced it has acquired Sulsim sulfur simulation software from Sulphur Experts. The Sulsim sulfur recovery product has been used by the world's leading energy companies for over 25 years.

Aspen Technology supplies asset optimization solutions for industrial environments. Co.'s aspenONE solutions has the following suites: engineering; manufacturing and supply chain; and asset performance management (APM). Co.'s engineering software is used to develop process designs of new plants, re-vamp existing plants, and simulate and support existing processes. Co.'s manufacturing software is used to support processing activities. Co.'s supply chain management software enables process manufacturers to reduce inventory levels, respond to market demands and support supply chain operations. Co.'s APM software is used to understand and predict the reliability of a system.

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Company Name:  Aspen Technology Inc
Stock buyback:  AZPN buyback
Sector:  Application Software
Number of ETFs Holding AZPN:  41
Total Market Value Held by ETFs:  $1.14B
Total Market Capitalization:  $9.61B
% of Market Cap. Held by ETFs:  11.82%

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January 20, 2021    7:09 AM Eastern
Quotes delayed 20 minutes

Buy (3.00 out of 4)
36th percentile
(ranked lower than approx. 64% of all stocks covered)

Analysts' Target Price:
AZPN Stock Forecast

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