Siemens can make more acquisitions after Altair deal, exec tells paper

Business

ZURICH : Siemens has the financial muscle for further software acquisitions after its $10.6 billion purchase of U.S. industrial software company Altair, managing board member Cedrik Neike said. "This was definitely not the last acquisition we make in the area of software," Neike told German newspaper Handelsblatt in an interview published on Friday. "We have the financial strength to be able to do further deals," he said. "The software business is an important driver for growth and