Altair Engineering (NASDAQ:ALTR – Free Report) had its price target boosted by Royal Bank of Canada from $90.00 to $113.00 in a research report sent to investors on Thursday, Benzinga reports.
Siemens SIE1.75%increase; green up pointing triangle is acquiring Altair ALTR 0.01%increase; green up pointing triangle Engineering in an equity deal that values the software and technology ...
Altair Engineering Inc., which started as a small engineering consulting firm for the Detroit 3 automakers, is being acquired by Siemens AG in a $10 billion deal including debt. It's one of the ...
Altair is known for its computational science and AI for industrial simulation and data analytics. German conglomerate Siemens has agreed to buy Altair Engineering in a multibillion-dollar deal.
ZURICH : Siemens has the financial muscle for further software acquisitions after its $10.6 billion purchase of U.S. industrial software company Altair, managing board member Cedrik Neike said.
(RTTNews) - Altair Engineering Inc. (ALTR), Wednesday said it has agreed to be acquired by Siemens for $113.00 per share or about $10.6 billion in cash. James Scapa, Altair's founder and CEO ...
‘The addition of Altair’s capabilities in simulation, high-performance computing, data science and artificial intelligence together with Siemens Xcelerator will create the world’s most ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
Siemens expects Altair to boost EPS within two years, with annual revenue rising from $500M to $1B long-term. Siemens competes with Rockwell Automation, Emerson Electric, & ABB in the $21.5B ...
Siemens will buy American engineering software firm Altair Engineering in a deal valued at $10.6 billion, the German company said on Wednesday, as it seeks to strengthen its presence in the fast ...
(Bloomberg) -- Siemens AG has agreed to buy software maker Altair Engineering Inc. for an enterprise value of $10 billion, furthering the German engineering giant’s migration to higher margin, ...
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