Aspen Technology, INC

Market Movers (8-K)

Aspen Technology's credit facility was terminated on March 12, 2025, following the completion of its acquisition by Emerson Electric Co.
Aspen Technology, Inc. has been acquired by Emerson Electric Co. following the completion of a cash tender offer and subsequent merger.
Aspen Technology and Emerson Electric have agreed to extend the expiration date of the tender offer for Aspen Technology's shares to March 11, 2025.
Delay expected
Aspen Technology reports a 9.2% year-over-year increase in annual contract value (ACV) and strong financial results for the second quarter of fiscal year 2025, while also announcing a pending merger with Emerson Electric Co.
Better than expected
Emerson Electric Co. has agreed to acquire the remaining outstanding shares of Aspen Technology, Inc. for $265 per share in cash, valuing the minority stake at $7.2 billion and the total company at $17 billion.
Capital raise
Aspen Technology successfully held its annual meeting on December 17, 2024, electing all director nominees and ratifying KPMG as its independent auditor for fiscal year 2025.

Quarterly Earnings (10-Q)

Aspen Technology's Q2 2025 results show revenue growth and a pending merger with Emerson, alongside strategic acquisitions and restructuring efforts.
Better than expected
Aspen Technology's first quarter fiscal 2025 results show a decrease in revenue and a net loss, impacted by restructuring and a decline in license revenue.
Worse than expected
Aspen Technology's Q3 2024 results show revenue growth driven by license and services, but the company still reports a net loss.
Better than expected
Aspen Technology's second quarter results show a net loss despite revenue growth, influenced by strategic shifts and share repurchase activities.
Worse than expected
Capital raise

Annual Reports (10-K)

AspenTech's 2024 annual report highlights a year of strategic growth, focusing on sustainability and digital transformation within asset-intensive industries.
Worse than expected

Insider Trading (Form 4)

Christopher Stagno, CVP and Chief Accounting Officer of Aspen Technology, reports the disposal of shares and derivative securities due to the merger with Emerson Electric Co., where Aspen Technology shares were converted to cash and restricted stock units (RSUs) and options were converted or cancelled.
Sharon Vinci, SVP and CHRO of Aspen Technology, reports the disposal of shares and derivative securities due to the merger with Emerson Electric Co., where Aspen Technology shares were converted to cash and restricted stock units were converted to Emerson Electric Co. RSUs.
Christopher Cooper, SVP and Chief Legal Officer of Aspen Technology, reports the disposal of shares and derivative securities due to the merger with Emerson Electric Co., where Aspen Technology shares were converted to cash and restricted stock units were converted to Emerson Electric Co. RSUs.
David John Baker, SVP and CFO of Aspen Technology, reports the disposal of common stock and conversion of restricted stock units following the merger with Emerson Electric Co.
Antonio J. Pietri, CEO of Aspen Technology, reports the disposal of shares and derivative securities following the completion of the merger with Emerson Electric Co.
Director Ram Krishnan reports the disposition of Aspen Technology shares due to the completion of a merger with Emerson Electric Co.

Proxy Statements (Def-14A)

Aspen Technology has filed its definitive proxy statement with the Securities and Exchange Commission.
AspenTech's 2024 proxy statement highlights the company's focus on integrating recent acquisitions, driving innovation through Industrial AI, and leveraging its platform for future growth.

Schedule 13D - Activist Investments

Emerson Electric Co. has announced a definitive agreement to acquire Aspen Technology for $265 per share in cash, pending a tender offer and merger.