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Siemens boosts software business with $4.5 billion deal

Siemens

Siemens boosts software business with $4.5 billion deal

Reuters - Maria Sheahan

FRANKFURT (Reuters) - German engineering group Siemens (SIEGn.DE) has agreed to buy U.S.-based Mentor Graphics MENT.O in a $4.5 billion deal that will bolster its industrial software operations and help it keep pace with changes to manufacturing technology. Siemens logo is pictured at a building of …

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