October 2000

Trends and Resources

HPInformer: HPInformer, North America edition

Aspen Technology, Inc., Cambridge, Massachusetts, has closed a transaction to acquire ICARUS Corp., a market leader in providing software that is used by process manufacturing industries to estimate p..

Stephens, F. P., Hydrocarbon Processing Staff

Aspen Technology, Inc., Cambridge, Massachusetts, has closed a transaction to acquire ICARUS Corp., a market leader in providing software that is used by 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 modeling, asset optimization and supply chain offerings. Because the new integrated solution will combine analysis of engineering as well as economic considerations, it will enable process manufacturers to increase the quality and speed of decision maki

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