Aspen Technology Acquisition & Valuation

Shanghai Baosight Software Co Ltd is a Chinese software company that develops automation and software tools for various industries. The company operates through three segments: the Software Development and Engineering Services segment, the System Integration segment, and the Service Outsourcing segment. Its operations span across areas such as information technology, industrial automation, robotics, intelligent transportation, and information infrastructure. The company’s offerings are mainly applied in sectors including steel, non-ferrous metals, chemicals, mining, new materials, renewable energy, metalworking, equipment manufacturing, urban transit systems, and infrastructure development.

Chrysos Corp Ltd is an Australian-based provider of novel assay services to the international mining industry through its proprietary PhotonAssay technology. The company's flagship product, PhotonAssay, delivers accurate and environmentally friendly analysis of gold, silver, and complementary elements. The Group has three reportable segments, namely, EMEA, APAC, and the Americas, where the majority of revenue is generated from Australia. The Group generates revenue mainly from the deployment of PhotonAssay units with its customers.

PSI Software SE is a software producer in process control and information systems. Its core business consists of process control and information systems for managing energy and material flows in industries tailored to the electricity, gas, oil, and district heating sectors, engineering, automobile, and automotive supply and logistics sectors. The company's segments include Energy Management, which offers intelligent solutions for utility companies in the electricity, gas, oil, and water sectors; the Production Management segment provides solutions for planning and controlling production processes in metals production, logistics, mechanical engineering, and automotive manufacturing. It generates maximum revenue from the Energy Management segment.

Hansen is a technology company providing software and services to the energy and utilities, and communications sectors throughout the developed world. Hansen’s products primarily relate to billings and adjacent functions, such as customer quotes, order capture, customer data management, and customer service. Additionally, Hansen has products assisting companies with developing new products, fulfilling orders, and managing various other operational processes.

TGS ASA provides data, intelligence, ocean bottom node (OBN) acquisition services, processing, analytics, cloud-based data applications, and other specialized services and solutions to energy companies across the energy spectrum, whether it is oil and gas, carbon capture and storage, or wind development. Its reportable segments are divided into six overall business units: Contract, Multi-client, New Energy Solutions (NES), Imaging, Shared Services. It generates the majority of its revenue from Multi-client sales.

Ygsoft Inc supplies business management and social service information systems in China. It is focused on providing enterprise management software for the energy industry. The company offers a cloud platform, cloud services, big data service, blockchain services, group resource management, comprehensive risk management, asset lifecycle management and multi-project management.

Longshine Technology Group Co Ltd is engaged in the provision of software and IT services for the power and electricity industry. Its range of solutions in new energy and smart grid areas are electric vehicle smart charging service network operation management system; enterprise energy efficiency management system; wind power centralized monitoring system; smart electric substation; and mobile internet payments through Alipay.

Zhejiang Netsun Co Ltd is a high-tech enterprise specializing in Internet information services, e-commerce, professional search engines and enterprise application software development.

Nextpower (and its subsidiaries) is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Nextpower's products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. Nextpower has operations in the United States, Mexico, Spain and other countries in Europe, India, Australia, the Middle East, Africa, and Brazil.

Snap-on is a manufacturer of premium tools, equipment, and diagnostics for professional technicians, primarily involved in the repair of passenger cars but having expanded into other industrial applications. The company’s legacy business is selling hand tools through franchisee-operated mobile vans to technicians who purchase the tools at their own expense. The company also operates a commercial and industrial business that is focused on repair facilities serving other industries. The third segment, repair systems and information, targets auto OEMs and large dealerships more directly and also offers substantial diagnostic solutions to aid repairs. The company’s finance arm provides financing to franchisees to run their operations, as well as underwriting end customer purchases.

Bentley Systems is a software vendor that caters to civil engineers, constructors, and geospatial professionals by enabling design, simulation, and data management of infrastructure assets such as roads and bridges. While Bentley is smaller than many other design software companies, it is a market leader across a handful of specialty areas, including public works, electricity grids, and transit.

PTC is a US-based global company that offers high-end computer-assisted design, product lifecycle management, and augmented reality solutions that industrial manufacturers commonly use on factory floors. Founded in 1985, PTC is a major player in parametric design and serves some of the world’s most well-known equipment manufacturers, such as Caterpillar, Garmin, and Thermo Fisher.

Celonis is a Munich-headquartered software company that delivers process mining technology through its Execution Management System. The platform includes analytics tools, Celonis Studio for custom applications, and capabilities for strategy, planning, management, actions, and automation. It enables business executives to optimize operations across industries with clients such as Siemens, Deutsche Telekom, and PepsiCo. Celonis maintains offices in New York, London, and Tokyo.

Temporal Technologies is a San Francisco-headquartered developer of an open-source platform for reliable workflow orchestration in microservices and cloud applications. Founded in 2020 by former Uber engineers, Temporal supports fault-tolerant execution for long-running processes used by companies like Stripe, Netflix, and DoorDash. Its SDKs in Go, Java, and TypeScript handle retries, state management, and sagas across distributed systems worldwide.

Procore Technologies Inc is a cloud-based construction management software company. It generates revenue through subscriptions for access to its software products. The company's products include Design Coordination, BIM, Field Productivity, Project Financials, Invoice Management, Portfolio Financials, Capital Planning, Accounting Integrations, and Analytics. The software products are hosted on its cloud-based SaaS construction management platform. Subscriptions are sold for a fixed fee and revenue is recognized ratably over the term of the subscription.

Kraken is a London-headquartered customer engagement platform for energy, water, and broadband providers across Europe and North America. Its technology stack includes billing, CRM, self-service portals, and smart metering analytics to streamline operations. Kraken serves utilities like Octopus Energy and OVO, enabling net-zero transitions through demand response and EV charging management. The platform processes millions of customer interactions monthly, supporting regulatory compliance in deregulated markets.

Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Volkswagen throughout the production process. The company’s flagship product, Catia, primarily serves the transportation, industrial equipment, and aerospace and defense industries. In life sciences, Dassault’s Medidata cloud platform optimizes clinical trial efficiency and is the leader in electronic data capture.

NEURA Robotics is a German robotics company headquartered in Metzingen, Baden-Württemberg, that builds cognitive robots designed to work alongside people. It was founded in March 2019 as Han's Robot Germany GmbH by David Reger and rebranded as NEURA Robotics in November 2020, when it introduced the LARA collaborative robot; its range now includes the MAiRA cognitive robot, the MAV mobile robot and the MiPA service robot, and it is developing the 4NE1 humanoid. Its Neuraverse platform is meant to let different robots share learned skills. Customers are industrial manufacturers, and Kawasaki Robotics sells a cobot series based on NEURA's platform; revenue comes from robot sales and software. The company reported a EUR 1 billion order book in January 2025 and had more than 1,100 employees by late October 2025. Backers include Lingotto, Vsquared Ventures, HV Capital, Tether, Amazon, NVIDIA, Qualcomm and Bosch, and in June 2026 it announced a Series C of up to $1.4 billion.