Siemens is reportedly in talks to acquire Altair, a Troy-based engineering software firm, for approximately $9 billion. Sources indicate that Altair is exploring a sale, and Siemens has shown interest in the acquisition, which is part of a $10 billion M&A scoop. Altair shares were up 1.1% pre-market following the news. This potential deal highlights Siemens' strategic move to expand its software capabilities.
Sources
The Wall Street Journal
Exclusive: Solventum, the healthcare company spun off from 3M earlier this year, has retained bankers to explore a sale of its purification and filtration business https://t.co/CHMyqlM14Y
Special Situations 🌐 Research Newsletter (Jay) $SOLV Solventum, the healthcare company spun off from 3M earlier this year, has retained bankers to explore a sale of its purification and filtration business, according to people familiar with the matter.
Lauren Thomas Scoop: Solventum -- the healthcare company spun off from 3M earlier this year -- has retained bankers to explore a sale of its purification and filtration business. $SOLV https://t.co/WPN1FTqy6k