AspenTech is founded in 1981, after MIT’s chemical engineering group received a U.S. Department of Energy grant to study technical innovation in the process industries in response to the 1970’s energy crisis.
AspenTech releases its first product – Aspen Plus . Today, Aspen Plus is the #1 software
product for chemical process modeling.
AspenTech becomes a publicly traded company on the Nasdaq Stock Market.
The first planning software for refineries is released. Today,
Aspen PIMS is used to plan three quarters of the world's refining feedstock.
AspenTech begins a series of acquisitions. Over the next several years, AspenTech acquires over 25 best-of-breed companies to expand its portfolio of optimization products in manufacturing and supply chain as well as engineering.
Initial release of aspenONE software brings together integrated suites of optimization products across engineering, manufacturing and supply chain functions.
AspenTech opens R&D Quality Assurance center
in Shanghai, China.
AspenTech releases aspenONE software in nine languages—Chinese, French, German, Italian, Japanese, Korean, Portuguese, Russian and Spanish—adding to the existing English version.
AspenTech launches aspenONE Desktop package, enabling small- to medium-sized engineering companies to utilize the same aspenONE software used by the world's
largest process manufacturing companies.
AspenTech named to Forbes magazine’s list of the World’s Most Innovative Growth Companies.
Antonio Pietri is named President and CEO.
AspenTech releases aspenONE Asset Performance Management (APM) product suite, an industry-first complete suite for site, process and equipment performance management.
AspenTech acquires Mnubo and Sabisu to deliver scalable, AI-driven solutions for the smart enterprise.
AspenTech delivers Industrial AI solutions to accelerate the journey to the Self-Optimizing Plant.
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