Siemens acquires Altair Engineering to strengthen industrial software and AI position

Posted on 4 Nov 2024 by James Devonshire
Company: Siemens
Siemens has acquired Altair Engineering Inc. as it looks to strengthen its position in industrial software and artificial intelligence (AI). Having grown from a startup in Detroit in 1985 to a world-class software and technology company, Altair has established itself as a leading solutions provider in the industrial simulation and analysis market. Under the terms…

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