Earnings call: AspenTech reports steady growth and strategic acquisition

Emerson Electric jumps on Q3 beat, proposal to buy rest of AspenTech shares

Emerson Electric's shares rose after strong Q4 results, positive guidance for 2025, a dividend increase, and a proposal to acquire Aspen Technology.

Emerson proposes to acquire remaining shares of AspenTech

Emerson Electric proposed to buy remaining shares of AspenTech at $240 each, while exploring options for its Safety & Productivity unit amid its shift to technology focus.