The cash-and-stock deal is for about $160 per AspenTech share, the company said.
(Reporting by Sanjana Shivdas in Bengaluru; editing by Uttaresh.V)
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(Reuters) - Industrial-automation systems maker Emerson Electric Co said on Monday it would merge its software units with smaller rival Aspen Technology in a deal for about $11 billion.
The cash-and-stock deal is for about $160 per AspenTech share, the company said.
(Reporting by Sanjana Shivdas in Bengaluru; editing by Uttaresh.V)