M&A Deal Summary |
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Date | 2017-12-05 |
Target | RtTech Software - Software and Edge Connectivity Assets |
Sector | Software |
Buyer(s) | Aspen Tech |
Sellers(s) | RtTech Software |
Deal Type | Divestiture |
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Category | Company |
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Founded | 2021 |
Sector | Software |
Employees | 3,574 |
Revenue | 1.0B USD (2022) |
Aspen Tech is a supplier of software that optimizes process manufacturing. Aspen Tech was founded in 1981 and is based in Bedford, Massachusetts.
DEAL STATS | # |
---|---|
Overall | 14 of 22 |
Sector (Software) | 12 of 15 |
Type (Divestiture) | 6 of 7 |
State (New Brunswick) | 1 of 1 |
Country (Canada) | 2 of 3 |
Year (2017) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-10-27 |
Mtelligence
San Diego, California, United States Mtelligence Corp. (Mtell) is a provider of maintenance intelligence software solutions that link plant and business. |
Buy | $37M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-02-05 |
Apex Optimisation
Glenelg South, Australia Apex Optimisation is a specializing in dynamic optimization and advanced process control. Apex Optimisation is based in Glenelg South, Australia. |
Buy | - |
RtTech Software, Inc. is an IIoT apps provider for downtime tracking, asset management, and energy management software solutions. RtTech Software was founded in 2011 and is based in Moncton, New Brunswick.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Software) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (New Brunswick) | 1 of 1 |
Country (Canada) | 1 of 1 |
Year (2017) | 1 of 1 |