Aspen Technology, Inc. (NasdaqGS:AZPN) will look for acquisitions. Chantelle Breithaupt, the CFO said, "We remain committed to acquisitions, including smaller technology tuck-ins or larger and more strategic targets as our primary use of capital. We have built one of the world's leading industrial software businesses, and we believe we are in a great position to deepen our product portfolios for our core verticals through M&A. In addition, we will opportunistically pursue acquisitions that provide us with leadership positions within new markets that could further benefit from our deep technical capabilities and first principles approach.

Importantly, we have strengthened our internal M&A capabilities to execute on additional M&A as part of our strategic road map. I would note as well that despite the decision to terminate the Micromine transaction, the metals and mining industry remains an attractive market particularly for our DGM, MSC and APM suites, and we remain committed to expanding our footprint in this industry through organic and inorganic investments. If we do not identify attractive and actionable M&A opportunities, we will pursue share repurchase authorizations if market and business conditions warrant".