Siemens acquires Altair, a simulation software company, for $10.6 billion
Siemens has agreed to acquire simulation software company Altair for $10.6 billion in an all-cash transaction, marking a significant consolidation in the engineering software sector. The German conglomerate will pay $113 in cash per share of Altair, valuing the Michigan-based company at $10.6 billion. Altair provides data analytics technology and services to major corporate clients … Read more
