Siemens acquires Altair Engineering in US$10 billion deal
Siemens has announced its acquisition of Altair Engineering, a leading industrial simulation and analysis software provider, in a deal valued at US$10 billion, paying US$113 per share – a 19% premium over Altair’s last trading price. This strategic acquisition aims to deepen Siemens’ capabilities in digitalisation and sustainable innovation by integrating Altair’s expertise in high-performance […]
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