Emerson Buys Rest of AspenTech at $17B Valuation

To keep up with Texas’ soaring energy needs, the state’s grid by 2030 will need to support 152 gigawatts of demand on peak days, almost double what it can currently handle.

Industrial software providers have been attracting high valuations as companies across a range of sectors look to overhaul operations for the digital age.

Rising tensions between China and the U.S. have made securing approval for transactions that require the signoff from regulators in Beijing and Washington increasingly difficult, particularly those involving semiconductors.