Siemens, the German industrial giant, has announced a $10.6 billion deal to acquire Altair Engineering, a U.S.-based software firm. This marks Siemens’ largest purchase since its $16.4 billion acquisition of Varian Medical Systems in 2020. The deal values Altair at $113 per share, an 18.7% premium over its recent stock price. Siemens aims to strengthen […]