Aspen Technology, Inc., Cambridge, Massachusetts, a leading provider of enterprise optimization and extended supply solutions for the process industries, has acquired Petrol-soft Corp., San Diego, California, a leading supplier of Web-enabled, supply-chain software for the downstream petroleum industry. With this acquisition, AspenTech now offers one of the first integrated solutions of the entire supply chain for petroleum companies-from crude selection, to refining, to delivery of products to the consumer. This unique, integrated solution will enable the oil and gas industry to improve profit margins by managing their supply chains more efficiently.
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