News

Siemens Acquires Altair For $10.6 Billion

  • November 1, 2024
  • 0 Comments

Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. “Acquiring Altair marks a significant milestone for Siemens. This strategic investment aligns with our commitment to […]