Siemens agrees to buy engineering software company Altair for ~$10B including debt, a 19% premium on Altair’s October 21 closing price; deal to close in H2 2025 (Bloomberg)

Posted on October 30, 2024
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Bloomberg:
Siemens agrees to buy engineering software company Altair for ~$10B including debt, a 19% premium on Altair’s October 21 closing price; deal to close in H2 2025 — – Transaction provides 19% premium to Altair shareholders — Acquisition of US-based Altair is largest ever by Siemens

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