Peter Stern, who joined Ford in August 2023 from Apple, was trusted with building the automaker's recurring revenues attached to vehicle services across its electric and gasoline-engine models.
The offer price of $113 per share represents a premium of about 18.7% to Altair's closing price on Oct. 21, a day before Reuters first reported that the company was exploring a sale ...
Hip implant maker Zimmer Biomet lowered its annual profit forecast on Wednesday following last month's disruptions to a software platform that was managing some of the company's operations.
Industrial products maker Fortive raised its annual profit forecast on Wednesday, after steady demand for its automation products and services boosted third-quarter profit above estimates.
So, if creating an intergenerational family business is not in the cards for a software developer who wants goes out on their own, what is the motivation to start one? The answer is: an exit event.