This included divestment of batch and continuous simulation systems and integrated engineering software business (AXSYS). It was born out a joint research project between the Massachusetts Institute of Technology ( MIT) and US Department of Energy-an Advanced System for Process Engineering (ASPEN) Projectįun Fact: On July 15, 2004, AspenTech was required by the Federal Trade Commission to make divestitures in regard to an anti-trust ruling against its acquisition of HyproTech (they worked on HYSYS). ![]() ![]() From wikipedia: AspenTech wasFounded in 1981.
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