Deal facts
- Buyer
- Siemens Industry Software Inc.
- Target
- Altair Engineering Inc.
- Deal value
- Not disclosed
- Announced
- 30 October 2024
- Status
- Completed
- Sector
- Technology
- Country
- United States
- Consideration
- cash
Sources
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Siemens Industry Software Inc. completes acquisition of Altair Engineering Inc.
Introductory Note As previously disclosed, on October 30, 2024, Altair Engineering Inc., a Delaware corporation (“ Altair ” or the “ Company ”), entered into an Agreement and Plan of Merger, dated as of October 30, 2024 (the “ Merger Agreement ”), among the Company, Siemens Industry Software Inc., a Delaware corporation (“ Parent ”) and Astra Merger Sub Inc., a Delaware corporation and a wholly ow
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Buyer history
Siemens Industry Software Inc.
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Layer 1 facts come from source documents, Layer 2 turns those facts into a readable narrative, and Layer 3 only appears where the editorial team flags a founder-relevant deal.
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