Aspen Technology, Inc. is a supplier of integrated software and services to the process industries, which consist of oil and gas, petroleum, chemicals, pharmaceuticals and other industries that manufacture and produce products from a chemical process. The Company provides an integrated suite of software applications that utilize empirical models of – more... chemical manufacturing processes to improve plant and process design, economic evaluation, production, production planning and scheduling, and operational performance. Its customer base of over 1,500 process manufacturers includes the 30 petroleum companies, 50 chemical companies, 14 pharmaceutical companies and 14 engineering and construction firms that service the process industries. In June 2007, the Company announced the acquisition of Plant Solutions Pty, Ltd., the Company's alliance partner in Australasia.
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