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Siemens acquires Altair to create the most complete AI-powered portfolio of industrial software
13:54 | 02/04/2025
Siemens has completed the $10 billion acquisition of Altair Engineering Inc., a leading industrial simulation software provider. This strengthens Siemens' leadership in simulation and industrial AI by adding expertise in mechanical and electromagnetic simulation, high-performance computing (HPC), and data science. Integrating Altair’s technology will enhance Siemens’ Digital Twin and make simulation more accessible, helping companies accelerate product development.