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

Siemens AG, the German engineering conglomerate, is reportedly in talks to acquire Altair Engineering Inc., a software maker based in Troy, Michigan. This potential acquisition would mark Siemens' largest-ever purchase if it comes to fruition. The German company is working with advisers to explore the possibility of a bid for Altair.

Altair Engineering, a US-based company, is currently exploring various options, including a potential sale. While Siemens is in discussions, it's important to note that other bidders could also emerge as interested parties in acquiring Altair.

Report by Bloomberg