Siemens Altair Acquisition News: Siemens to Acquire Altair in $10 Billion Deal

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According to Siemens Altair Acquisition News, Siemens has agreed to acquire Altair Engineering Inc., a leader in simulation, data science and artificial intelligence software, for $10 billion. Altair shareholders will receive $113 per share in cash, a 19% premium over Altair’s unaffected stock price as of October 21, 2024, when acquisition speculation began.