Stop Guessing Which Hazard Study You Need

Take the Free Assessment Now →
Company newsNews & Events

Emerson’s Majority-Owned Subsidiary, AspenTech, Announces Agreement to Acquire Metals and Mining Software Leader Micromine

Listen to this article

Emerson’s majority-owned subsidiary, AspenTech (NASDAQ: AZPN), today announced it has entered into an agreement to acquire Micromine, an end-to-end mining software provider. This acquisition will build on AspenTech’s leading software portfolio, furthering its diversification strategy into the metals and mining market and facilitating the digital transformation and sustainability goals of the industry.

The transaction with AspenTech, which closed in May 2022, accelerates Emerson’s software strategy and demonstrates commitment to build a higher growth, more diversified and cohesive portfolio. This proposed acquisition of Micromine is an example of how Emerson and AspenTech will drive growth through continued investment and M&A.

Micromine, headquartered in Perth, Australia, offers solutions relevant to every step of the mining process from exploration, evaluation, design and planning through production and optimisation. Micromine’s solutions are used at over 2,000 sites across all major mining regions.

Following AspenTech’s completion of the proposed acquisition, Emerson will continue to be a 55% shareholder in AspenTech.

For more information visit Emerson.com.

Emerson Automation Solutions

Emerson Automation Solutions

About us

Leader in helping businesses automate their production, processing and distribution in the chemical, oil and gas, refining, pulp and paper, power, water and wastewater treatment, mining and metals, food and beverage, life sciences and other industries.

Where we supply to

Europe, Africa, Asia, Australia, South America, North America

Industries we supply to

Automation, Chemicals, Consultants, Components Electronics, Energy and Power, Food and Beverage, Glass Ceramics Cement, Metals and Minerals, OEM, Paper and Pulp, Pharmaceutical Cosmetics Toiletries, Plastics and Rubber, Recycling, Textiles, Tobacco, Water and Wastewater

Show More

    Would you like further information about this article?

    Add your details below and we'll be in touch ASAP!


    Input this code: captcha

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Back to top button

    Join 25,000 process industry specialists and subscribe to:

    PII has a global network of suppliers ready to help...