Siemens to buy engineering software firm Altair for $10.6 billion
Siemens will buy Altair Engineering for $10.6 billion, the American engineering software firm said on Wednesday, as it seeks to strengthen its presence in the fast-growing industrial software market.
Siemens Agrees to Buy Software Group Altair for $10 Billion (3)
Siemens AG has agreed to buy software maker Altair Engineering Inc. for an enterprise value of $10 billion, furthering the German engineering giant’s migration to higher margin, software-driven product lines.
Siemens Nears Deal to Buy Software Group Altair
Siemens AG is close to agreeing to a deal to buy software maker Altair Engineering Inc., people familiar with the matter said, in what would be its largest-ever acquisition.
Siemens to Buy Altair for $10.6 Billion in Digital Portfolio Push
Siemens logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) -Siemens will buy Altair Engineering for $10.6 billion,
Siemens to Buy Altair in $10.6 Billion Equity Deal
The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.
Altair Agrees To Be Acquired By Siemens For $10.6 Bln
Wednesday said it has agreed to be acquired by Siemens for $113.00 per share or about $10.6 billion in cash. James Scapa, Altair's founder and CEO, said, "We believe this combination of two strongly complementary leaders in the engineering software space brings together Altair's broad portfolio in simulation,
Siemens' $10.6 billion Altair deal seen boosting industrial software offering
Siemens announced a $10.6 billion deal to buy U.S. engineering software firm Altair Engineering overnight, cheering analysts who see it boosting the company's presence in the fast-growing industrial software market.
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