Siemens + Altair = done deal

Siemens + Altair = done deal

Siemens + Altair = done deal Finally! This morning, Siemens announced that it completed the acquisition of Altair Engineering for an enterprise value of $10 billion. Siemens’ CEO Roland Busch said, “We welcome the Altair community of customers, partners...
Siemens + Altair = done deal

Apparently no new divestitures in Synopsys+Ansys

Synopsys just issued a press release about the UK’s tacit approval of its intention to acquire Ansys. It’s brief, and simply says We are pleased that the CMA has formally cleared the transaction in Phase 1 subject to previously announced divestitures. We...
Siemens + Altair = done deal

UK regulator approves Synopsys+Ansys

UK regulator approves Synopsys+Ansys Super quick while we wait for more details: Reuters just reported that the UK’s Competition and Markets Authority won’t seek further review of Synopsys’ proposed acquisition of Ansys, in effect approving the deal....
It’s official: Siemens buys Altair for $10 billion

It’s official: Siemens buys Altair for $10 billion

It’s official: Siemens buys Altair for $10 billion From Siemens: Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering … Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of...
It’s official: Siemens buys Altair for $10 billion

Synopsys + Ansys stalls in UK and South Korea

Synopsys + Ansys stalls in UK and South Korea Yes, there’s lots of earnings news to cover, but this just came across the inbox: the UK’s Competition and Markets Authority (CMA) will be investigating Synopsys’ proposed acquisition of Ansys because...
It’s official: Siemens buys Altair for $10 billion

Synopsys to sell optical assets to Keysight (maybe)

Synopsys to sell optical assets to Keysight (maybe) Last night, Synopsys announced that it has agreed to sell its Optical Solutions Group (OSG) to Keysight Technologies. You may recall that Synopsys is in the process of seeking approval to acquire Ansys and that...
nTop secures investment from NVIDIA’s NVentures

nTop secures investment from NVIDIA’s NVentures

nTop secures investment from NVIDIA’s NVentures (Yes, many Ns, but that’s actually correct spelling and capitalization.) nTop, fka nTopology, just announced that it has received an unspecified investment from NVIDIA’s venture capital arm, NVentures....
It’s official: Siemens buys Altair for $10 billion

Cadence to buy BETA CAE for $1.24 billion

Cadence to buy BETA CAE for $1.24 billion Wow. Cadence just announced that it is buying all of the shares of BETA CAE Systems for –hold on– $1.24 billion in a cash (60%) and Cadence common stock (40%) deal. That’s a lot of money (IMHO, even for a...
Keysight+ESI = so far, so good

Keysight+ESI = so far, so good

Keysight+ESI = so far, so good We’re deep into earnings season and getting a sense of where things stand. Most PLMish companies seem cautious about the near term, with more optimism about the second half of calendar 2024. I’ll try to do a recap soon, but today, I want...