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Slide #41. Aspen Technology, Inc. — Sulsim Software from Sulphur Experts
Aspen Technology, Inc. (NASDAQ:AZPN)
Sulsim Software from Sulphur Experts
Aspen Technology, Inc. (NASDAQ:AZPN), a leading provider of software and services to the process industries, announced it has acquired Sulsim sulfur simulation software from Sulphur Experts. The Sulsim sulfur recovery product has been used by the world's leading energy companies for over 25 years.
Aspen Technology provides asset optimization software for industrial environments. Co.'s aspenONE solutions are organized into three suites: engineering; manufacturing and supply chain; and asset performance management (APM). Co.'s engineering software is used to develop process designs of new plants, re-vamp existing plants, and simulate and optimize existing processes. Co.'s manufacturing software is used to optimize day-to-day processing activities. Co.'s supply chain management software enables process manufacturers to reduce inventory levels, respond to market demands and optimize supply chain operations. Co.'s APM software is used to understand and predict the reliability of a system.
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Buy (3.20 out of 4)