Altair Engineering may see regulatory hurdles with Siemens deal - analyst

seekingalpha11-01

HJBC/iStock Editorial via Getty Images Altair Engineering's (NASDAQ:ALTR) $10.6 billion sale to Siemens (OTCPK:SIEGY) may see some regulatory challenges, according to an Oppenheimer analyst. Siemens ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2480053291?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1278468112/image_1278468112.jpg?io=getty-c-w750","is_english":true,"pubTime":"2024-11-01 00:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2480053291","market":"sh","top_or_hot":-1,"title":"Altair Engineering may see regulatory hurdles with Siemens deal - analyst","media":"seekingalpha","content":"<div>\n<p>HJBC/iStock Editorial via Getty Images Altair Engineering's (NASDAQ:ALTR) $10.6 billion sale to Siemens (OTCPK:SIEGY) may see some regulatory challenges, according to an Oppenheimer analyst.  Siemens ...</p>\n\n<a href=\"https://seekingalpha.com/news/4229947-altair-engineering-may-see-regulatory-hurdles-with-siemens-deal-analyst\">Source Link</a>\n\n</div>\n","source":"seekingalpha_trending_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Altair Engineering may see regulatory hurdles with Siemens deal - analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAltair Engineering may see regulatory hurdles with Siemens deal - analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-01 00:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4229947-altair-engineering-may-see-regulatory-hurdles-with-siemens-deal-analyst><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HJBC/iStock Editorial via Getty Images Altair Engineering's (NASDAQ:ALTR) $10.6 billion sale to Siemens (OTCPK:SIEGY) may see some regulatory challenges, according to an Oppenheimer analyst.  Siemens ...</p>\n\n<a href=\"https://seekingalpha.com/news/4229947-altair-engineering-may-see-regulatory-hurdles-with-siemens-deal-analyst\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ALTR","symbol_name":"Altair Engineering Inc.","start_time":0,"source_url":"https://seekingalpha.com/news/4229947-altair-engineering-may-see-regulatory-hurdles-with-siemens-deal-analyst","article_id":"2480053291","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1278468112/image_1278468112.jpg?io=getty-c-w750"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480053291","pubTimestamp":1730391593,"sourceInfo":{"source_id":"seekingalpha_trending_news","name":"Seeking Alpha Trending News"},"weMediaInfo":null,"summary":"HJBC/iStock Editorial via Getty Images Altair Engineering's  $10.6 billion sale to Siemens  may see some regulatory challenges, according to an Oppenheimer analyst.  Siemens  on Wednesday agreed to buy Altair Engineering  for $113 a share in cash, or a total deal value of $10.6 billion. Altair  makes engineering software for the aerospace, automotive, energy and financial services industries, among others. The deal is expected to close in the second half of next year, prompting some traders to question why the acquisition will take a seemingly long time to close. Shares of Altair fell 4.3% on Thursday, likely as traders were concerned about the close date and regulatory reviews. \"We expect the deal to encounter some regulatory hurdles given the sensitive nature of simulation workloads,\" Oppenheimer analyst Ken Wong wrote in a note on Thursday. \"Siemens already has an end-to-end design platform  and is a Top 3 EDA vendor.\" The Altair  said may also have to be reviewed by China's antitru","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ALTR":"Altair Engineering Inc.","BK4206":"工业集团企业","BK4023":"应用软件","LU1815336091.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AUP\" (USD) INC","LU0757428866.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AE\" (USD) ACC","SIEGY":"西门子"},"translate_title":"Altair Engineering分析师可能会在西门子交易中遇到监管障碍","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SIEGY":1,"ALTR":0.9},"content_text":"HJBC/iStock Editorial via Getty Images Altair Engineering's (NASDAQ:ALTR) $10.6 billion sale to Siemens (OTCPK:SIEGY) may see some regulatory challenges, according to an Oppenheimer analyst.  Siemens (OTCPK:SIEGY) on Wednesday agreed to buy Altair Engineering (ALTR) for $113 a share in cash, or a total deal value of $10.6 billion. Altair (ALTR) makes engineering software for the aerospace, automotive, energy and financial services industries, among others. The deal is expected to close in the second half of next year, prompting some traders to question why the acquisition will take a seemingly long time to close. Shares of Altair fell 4.3% on Thursday, likely as traders were concerned about the close date and regulatory reviews. \"We expect the deal to encounter some regulatory hurdles given the sensitive nature of simulation workloads,\" Oppenheimer analyst Ken Wong wrote in a note on Thursday. \"Siemens already has an end-to-end design platform (CAD, PLM, Simulation) and is a Top 3 EDA vendor.\" The Altair (ALTR) said may also have to be reviewed by China's antitrust regulator, Wong added.  \"... as we saw with ANSYS, China's SAMR could still require formal approval due to the sensitive impacting key industries (tech, auto) nature of simulation and EDA workloads,\" Wong wrote.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480053291"}