Aspen Technology

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Aspen Technology (NASDAQ: AZPN) provides software and professional services to the manufacturing and process industries which allows companies to model, manage, and control their operations.

AspenTech was founded in 1981 by MIT professor Dr. Larry Evans, making it one of the first engineering simulation companies. Starting in the mid-90's Aspen began acquiring many software companies which service the process industries, greatly expanding the company's scope of product offerings.

AspenTech is headquartered in Cambridge, Massachusetts and has 1292 full time employees.

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This article has been tagged since March 2007.