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Siemens finalizing deal to acquire Altair Engineering, Bloomberg reports
The Fly

Siemens finalizing deal to acquire Altair Engineering, Bloomberg reports

Siemens (SIEGY) is close to agreeing a deal to acquire Altair Engineering (ALTR) and a deal could be announced as soon as tomorrow, Eyk Henning and Liana Baker of Bloomberg report, citing people familiar with the matter. Siemens is putting the finishing touches on a transaction, sources told Bloomberg. Shares of Altair are up 7% to $109.19 following the report.

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