CIMdata PLM Industry Summary Online Archive

27 January 2010

Company News

AspenTech Expands Direct Presence in Russia and CIS; Ends Reseller Agreement with Hyperion Systems Engineering

Aspen Technology, Inc. announced it has ended its reseller agreement with Hyperion Systems Engineering, and expanded to an exclusively direct sales model in Russia and the Commonwealth of Independent States (CIS).

AspenTech’s presence in the region continues to be managed from the company’s Russian office in Moscow. AspenTech and Hyperion are working closely together to ensure a smooth transition of service to customer accounts in the region.

Supporting Quote

Antonio Pietri, Executive Vice President of Field Operations, AspenTech

“This is another step in the execution of AspenTech’s strategy to expand our presence in geographies that are experiencing growth in process industry markets. We thank Hyperion Systems Engineering for their good partnership and regional presence over the last decade. With AspenTech fully operational in the region, we can seamlessly transition to a fully direct presence in Russia and the CIS.”

Russia Office Contact Information

Aspen Technology – LLC

Smolenskaya Square 3

121099 Moscow

Russian Federation

phone +7 495 782 19 06

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