Siemens to Acquire Altair in New $10 Billion Deal

Industrial manufacturing firm Siemens is set to acquire Michigan-based 3D design and simulation software developer Altair Engineering Inc., in a deal worth approximately $10 billion. Siemens’ CEO Roland Busch believes the acquisition strengthens the company’s position as a leading technology firm and industrial software provider. He added that combining Altair’s computational and artificial intelligence expertise […]