Emerson completed the acquisition of the remaining 43% stake in AspenTech for $7.2bn.

Emerson, a global technology, software, and engineering company, completed the acquisition of the remaining 43% stake in AspenTech, a provider of software and services for the process industries, for $7.2bn. "The completion of our acquisition of AspenTech marks a key milestone in the final phase of Emerson's portfolio transformation. I want to thank Antonio for his leadership of AspenTech and partnership with Emerson over the years. We look forward to welcoming the talented AspenTech team to Emerson and continuing to drive shareholder value as we enhance our offering," Lal Karsanbhai, Emerson President and CEO.