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Siemens Acquires Industrial Simulation Software Co. Altair Engineering in $10 Billion Deal

Retrieved on: 2024-11-06 11:16:01

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Siemens Acquires Industrial Simulation Software Co. Altair Engineering in $10 Billion Deal. View article details on hiswai:

Summary

The article describes Siemens' acquisition of Altair Engineering to enhance their digital twin capabilities within Siemens' Xcelerator platform. The acquisition aligns with key themes like product lifecycle management, industrial simulation, digital and sustainability transformations, and strengthens Siemens' position in industrial software.

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