Analysts at Berenberg Bank provided their view on Aspen Technology, Inc. (NASDAQ:AZPN) following the reverse merger deal with Emerson. The analysts believe the deal, valuing the company at $11 billion, will position the combined company to have one of the strongest assets in the space.

According to the terms of the deal, Emerson will pay $87 and 0.43 of the new company share per existing share of Aspen, in return for 55% ownership. Emerson will contribute $6 billion cash in the form of special dividends and add OSI Inc. and Geological Simulation Software (GSS) assets the new company. The deal is expected to close in Q2/22.