Owners
History
2024: Siemens bought IT company Altair Engineering
At the end of October 2024, Siemens announced the purchase of Altair Engineering for $10 billion. In terms of one share of the company being sold, the transaction value is $113.
Altair supplies engineering software to companies in the aerospace, automotive, energy and financial industries. The demand for such tools will grow with the growth of the introduction of artificial intelligence, Siemens is confident. The deal is scheduled to close in the second half of 2025. [1]]
Notes
- ↑ [https://newsroom.sw.siemens.com/en-US/siemens-altair/ Siemens strengthens leadership in industrial software and artificial intelligence with the acquisition of Altair Engineering
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