According to the agreement signed by Siemens, Altair shareholders will receive $113 (€103.97) per share, representing and enterprise value of approximately $10bn (€9.2bn). The German multi ...
ZURICH, Oct 31 (Reuters) - Siemens (SIEGn.DE), opens new tab could sell off part of its stakes in Siemens Healthineers (SHLG.DE), opens new tab, Siemens Energy (ENR1n.DE), opens new tab and ...
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 ...
LONDON, Oct 31 (Reuters Breakingviews) - Siemens (SIEGn.DE), opens new tab CEO Roland Busch is taking a small step towards a higher share price. The German trains-to-robots group is buying ...
(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 ...
Employees stand next to a gas turbine at the Siemens Energy plant, part of German industrial conglomerate Siemens in Berlin on Aug. 28, 2024. — JUSTIN TALLIS/AFP via Getty Images ANKARA — Turkish ...
(Reuters) -Siemens (SIEGY) is to buy US engineering software firm Altair Engineering (ALTR) for $10.6 billion, strengthening its position in the growing market for industrial software. The deal ...
Various industry sources have disputed an Eskom claim about the TID rollover. Eskom issued a statement on Monday saying that meters that have not been updated and that run out of credit will need to ...
‘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 ...
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Your gas and electricity meters are the key to getting accurate energy bills. Find out what type you have and how to read your meter if you need to. Your meters record how much gas and electricity you ...
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 ...