Altair: Siemens Acquires Altair to Create Most Complete AI-Powered Portfolio of Industrial Software

Highlights: Siemens announced that it has completed the acquisition of Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market, for an enterprise value of approximately USD 10 billion. With this acquisition, Siemens extends its leadership in simulation and industrial artificial intelligence (AI) by adding new capabilities in mechanical and [...]