AZPN - Mergers and acquisitions

Expanded AIoT Business Unit, now Known as AspenTech DataWorks, Enables Customers to Unlock Value from Data in Support of Profitability and Sustainability Goals Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced it has combined its AIoT Hub with inmation Software to create an expanded business unit. Now known as AspenTech DataWorks, the rebranded business unit provides customers with a singular solution to access and manage their industrial data, whether at the plant level or enterprise wide, in support of their digital transformation strategies. "A holistic data management strategy is the foundation of a successful digital transformation journey,

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in asset optimization software, today announced the acquisition of OptiPlant to further strengthen the company’s solutions for owner-operators and EPC companies in the process industries. AI-driven 3D conceptual plant layout with parametric asset models and automatic pipe routing enables closer collaboration between owner-operators and EPCs to improve accuracy, reliability and speed of cost estimates from the earliest project stages. OptiPlant solutions enhance early layout optioneering saving capital, improving asset safety and environmental performance for owner-operators. They help EPCs inc