Aspen Technology Announces Expansion of Digital Grid Management Suite with Acquisition of Open Grid Systems
Aspen Technology, Inc. (AZPN)
Last aspen technology, inc. earnings: 1/29 04:05 pm
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Source: Business Wire
Addition of pioneering network model management technology enables utilities to effectively manage increasing grid complexity and ensure resiliency BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that it has entered into a definitive agreement to acquire Open Grid Systems Limited, a global provider of network model management technology and a pioneer in developing model-driven applications supporting open access to data through industry standards. With this acquisition, AspenTech’s Digital Grid Management (DGM) suite will offer utilities a comprehensive, fully integrated network model management solution to address the acceleration of new grid assets, such as renewable generation, with increased flexibility to manage and scale network model data both inside and outside the control room. The transaction is subject to receipt of customary regulatory approvals and is expected to close before the end of 202
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Sec Filings
- 11/20/24 - Form SC14D9C
- 11/8/24 - Form SC
- 11/6/24 - Form SC14D9C
- AZPN's page on the SEC website