Siemens in Talks to Buy Altair Engineering, Bloomberg Says, Citing Sources

Dow Jones

Oct 24, 2024

--Siemens is in talks about a potential acquisition of U.S. software company Altair Engineering, which has a market value of $9.1 billion, Bloomberg reports, citing unnamed sources.

--Other bidders for Altair could emerge and there is no certainty that the German industrial group will pursue a deal, Bloomberg reports.

--Siemens and Altair declined to comment, according to the report.

Full story: https://shorturl.at/XM8n4

Write to Adria Calatayud at adria.calatayud@wsj.com

(END) Dow Jones Newswires

October 24, 2024 01:49 ET (05:49 GMT)

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