Aspen Tech buys Australian partner

Aspen Technology Inc., a maker of software for oil and chemical companies, has acquired Plant Solutions Pty Ltd., an Australian channel partner the company has been working with for several years, Aspen said on May 31. “This acquisition fits perfectly with our stated strategy of strengthening our presence in the important Asia-Pacific market,” said Antonio Pietri, senior vice president and managing director, regional operations, Asia Pacific for AspenTech. Terms of the deal were not disclosed. (June 7, 2007)