Aspen Technology acquires ICARUS Corporation; New integrated solution enables process manufacturers to streamline and improve capital investment decision-making.

0 Comments | M2 Presswire, September, 2000

M2 PRESSWIRE-6 September 2000-ASPEN TECHNOLOGY: Aspen Technology acquires ICARUS Corporation; New integrated solution enables process manufacturers to streamline and improve capital investment decision-making (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:06092000 LONDON, England -- Aspen Technology, Inc.

(NASDAQ: AZPN), today announced that they have closed a transaction to acquire ICARUS Corporation, the market leader in providing software that is used by the process manufacturing industries to estimate plant capital costs and evaluate project economics. The acquisition will enable AspenTech to provide even greater value to companies in the process industries, by integrating the ICARUS financial decision- making tools with AspenTech's manufacturing...

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