Siemens Makes Biggest Acquisition Since 2020 with $10.6 Billion Altair Deal
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. Still, there was some concerns about the high price Siemens paid for Michigan-based Altair. The offer price of $113 per share represents a premium of…
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