Siemens will buy American engineering software firm Altair Engineering in a deal valued at $10.6 billion, the German company said on Wednesday, as it seeks to strengthen its presence in the fast-growing industrial software market.

An anonymous reader quotes a report from Reuters: Siemens will buy Altair Engineering for $10.6 billion, the American engineering software firm said on Wednesday, as the German company seeks to strengthen its presence in the fast-growing industrial software market. The offer price of $113 per share ...

Siemens announced a $10.6 billion deal to buy US engineering software firm Altair Engineering overnight, cheering analysts who see it boosting the company's presence in the fast-growing industrial software market.

German industrial giant Siemens announced Wednesday it had acquired software specialist Altair Engineering, valuing the US company at around $10 billion, with the aim of strengthening its position in ...

Altair Engineering Inc. (NASDAQ: ALTR) announced on October 30, 2024, that the company has entered into an Agreement and Plan of Merger with Siemens Industry Software Inc. The merger agreement outlines the acquisition of Altair Engineering by Siemens through a transaction in which Altair will merge with and into Siemens. Upon completion of the transaction, […]

ZURICH :Siemens could sell off part of its stakes in Siemens Healthineers, Siemens Energy and Fluence to help fund its $10.6 billion Altair acquisition, Chief Financial Officer Ralf Thomas said on Thursday.Siemens currently holds 75 per cent in medical equipment maker Siemens Healthineers and 17 per cent in S