BRIEF-Siemens Says It Strengthens Leadership In Industrial Software And Ai With Acquisition Of Altair Engineering-February 2024-www.financetom.com

BRIEF-Siemens Says It Strengthens Leadership In Industrial Software And Ai With Acquisition Of Altair Engineering

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Siemens Says It Strengthens Leadership In Industrial Software And Ai With Acquisition Of Altair Engineering

Oct 31, 2024 3:46 AM

Oct 30 (Reuters) - Siemens AG:

* EQS-ADHOC: SIEMENS AKTIENGESELLSCHAFT: SIEMENS STRENGTHENS

LEADERSHIP IN INDUSTRIAL SOFTWARE AND AI WITH ACQUISITION OF

ALTAIR ENGINEERING

* SIEMENS AG: ALTAIR SHAREHOLDERS WILL RECEIVE USD 113 PER

SHARE,

REPRESENTING AN ENTERPRISE VALUE OF USD 10.0 BILLION

* SIEMENS AG - DEAL VALUED AT $10 BILLION, $113 PER SHARE

* SIEMENS AG - TRANSACTION EXPECTED TO BE EPS ACCRETIVE BY

YEAR

TWO

* SIEMENS AG - CLOSING EXPECTED IN SECOND HALF OF 2025

Source text:

Further company coverage:

Previous page： Berkshire Hathaway vice-chairman Charlie Munger dies aged 99 Next page： CNBC-TV18 Newsbreak Confirmed: Aster DM Health arm to sell Aster DM Healthcare FZC stake to Alpha GCC for $1.01 billion

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Berkshire Hathaway vice-chairman Charlie Munger dies aged 99

Nov 28, 2023

Born in 1924, Munger would have turned 100 on New Year's day.

CNBC-TV18 Newsbreak Confirmed: Aster DM Health arm to sell Aster DM Healthcare FZC stake to Alpha GCC for $1.01 billion

Nov 28, 2023

Shares of Aster DM Healthcare Ltd ended at ₹332.65, down by ₹4.75, or 1.41%, on the BSE. Founded in 1987 from a single clinic in Dubai, Aster DM has a strong presence across primary, secondary, tertiary, and quaternary healthcare and runs 33 hospitals, 127 clinics, 527 pharmacies, and 229 labs and patient experience centres in six Gulf countries and India.

Newsletter | M-cap of BSE-listed companies crosses $4 Trillion mark; Charlie Munger dies at 99 & more

Nov 29, 2023

From the m-cap of BSE-listed companies crossing the $4 Tn mark to the most memorable quotes by Charlie Munger, here's a rundown of 11 significant news stories to keep you in the know:

Second-hand shopping a $1-billion-plus business for Amazon in Europe

Nov 28, 2023

John Boumphrey, Amazon's UK Country Manager, told reporters that in the UK alone the online retail giant last year sold more than 4 million used or refurbished products at a discount.