Siemens Completes Acquisition of Altair Engineering
Altair Engineering, headquartered in Troy, Michigan is a leading name in CAE Software and product design and development solutions, also as a result of a series of key strategic acquisitions allowing the company to expand into high performance computing (HPC), data analytics, and artificial intelligence (AI). In 2024, Siemens announced the intention to acquire Altair to create the “most complete AI-powered portfolio of industrial software”.