At what enterprise value was ASTER TECHNOLOGIES acquired in 2026?

You can find the full valuation details of ASTER TECHNOLOGIES on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ASTER TECHNOLOGIES when it was acquired by SIEMENS?

The exact EV/EBITDA multiple for ASTER TECHNOLOGIES is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.8x. Join our community for free to access full valuation data and industry trends.

When was ASTER TECHNOLOGIES acquired by SIEMENS?

ASTER TECHNOLOGIES was acquired by SIEMENS in 2026.

What was the revenue of ASTER TECHNOLOGIES at the time of the deal?

The revenue of ASTER TECHNOLOGIES at the time of the deal is estimated to be in the range of 0M - 5M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ASTER TECHNOLOGIES during the acquisition?

ASTER TECHNOLOGIES's EBITDA is estimated to be in the range of 0M - 5M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the ASTER TECHNOLOGIES acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ASTER TECHNOLOGIES deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://news.siemens.com/fr-fr/siemens-acquires-aster-technologies/

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Home Database TMT (Tech, Media, Telecom)ASTER TECHNOLOGIES

01/2026

ASTER TECHNOLOGIES acquired by SIEMENS

FRANCE Software / Industry-Specific Software / Electronics / Manufacturing REV 0M - 5M EUR

Context

Siemens acquired ASTER Technologies to create a comprehensive "shift-left" design-to-manufacturing flow for printed circuit board assemblies (PCBA). By integrating ASTER's DFT and test coverage analysis tools, Siemens enables customers to detect defects earlier in the design cycle, reducing costs and accelerating time-to-market. The move addresses the growing complexity of 5G and automotive electronics, where safety and reliability standards are increasingly stringent. ASTER will be integrated into Siemens' EDA (Electronic Design Automation) business unit.

ASTER TECHNOLOGIES, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Founded in 1993, ASTER Technologies is a leading provider of board-level testability analysis and digital manufacturing software. Its flagship product, TestWay™, allows electronics manufacturers to optimize test strategies early in the design phase (shift-left). The company specializes in Design for Test (DFT) and Design for Manufacturing (DFM) solutions for high-end electronics in sectors like Automotive, 5G, and HPC.

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2023

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REFERENCES

Revenue range: 0M - 5M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ASTER TECHNOLOGIES by SIEMENS are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: siemens