Siemens AG has secured a $10.5 billion bridge loan facility to fund its largest-ever acquisition for software maker Altair Engineering Inc. The facility is set to be syndicated out to more than 10 ...

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 has signed an agreement to acquire software provider Altair Engineering Inc. Siemens CEO Roland Busch said the addition of Altair's capabilities in artificial intelligence, computing ...

Siemens, a German technology giant, has signed an agreement to acquire Altair Engineering, a US-based provider of software and cloud solutions for approximately $10bn (€9.2bn). The acquisition ...

ZURICH, Nov 1 (Reuters) - Siemens (SIEGn.DE), opens new tab has the financial muscle for further software acquisitions after its $10.6 billion purchase of U.S. industrial software company Altair ...

Altair trades at roughly 46 times earnings before interest, taxes, depreciation and amortization (EBITDA), compared to roughly 30 times for Bentley Systems, according to LSEG data.

Siemens shares were down 0.8% at 0827 GMT, against a 0.4% decline in the wider index. The share price reaction might be due to the cost of the deal, one trader said. Altair, whose simulation ...

Altair is a bright star in the northern summer sky and is one of the three stars that form an astronomical asterism called the Summer Triangle. Located in the constellation Aquila (the Eagle ...

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.

Altair International Corp., a development stage company, operates in the metals and mining, and green technology sectors in the United States. It explores for lithium. The company’s flagship ...