Siemens to acquire Altair Engineering for $10.6B, strengthening industrial software division
Siemens AG, Germany’s industrial powerhouse, is acquiring US-based Altair Engineering in a $10.6 billion deal, marking Siemens’ biggest acquisition since 2020. Siemens aims to bolster its industrial software division by integrating Altair’s advanced simulation software, which predicts product performance in real-world scenarios.The acquisition aligns with Siemens’ strategy to enhance its…
October 31, 2024