Siemens AG in Negotiations to Acquire US Software Maker Altair Engineering.

Siemens AG, the German engineering giant, is reportedly in discussions to potentially acquire Altair Engineering Inc., a US-based software company. This acquisition, if successful, would mark Siemens' largest-ever purchase. The German firm is working with advisers to explore the possibility of making a bid for Altair, which is headquartered in Troy, Michigan.

Altair Engineering is currently considering various strategic options, including a potential sale. While Siemens is engaged in talks, it's important to note that other bidders may also emerge as Altair weighs its options. The outcome of these negotiations remains uncertain, and the situation could evolve as discussions progress.

Report by Bloomberg