Siemens Acquires Altair Engineering Software in $10.6 Billion Deal – Equitypandit
October 31, 2024October 31, 2024 Siemens plans to acquire Altair Engineering for $10.6 billion, aiming to boost its position in the rapidly expanding industrial software market. Siemens is offering $113 per share for Altair, about an 18.7% premium over Altair’s closing price on 21st October, a day before reports…