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Germany-based Siemens' industrial software business, Siemens Digital Industries Software, is based in Plano. Its EVP and CFO Timo Nentwich called the acquisition "a major milestone" for the North Texas-based business and its Xcelerator digital twin platform.
Siemens has acquired Altair Engineering in a $10 billion deal.
by Lance Murray • Nov 5, 2024 | Dallas Innovates
Siemens has acquired Troy, Michigan-based Altair Engineering, a provider of software in the industrial simulation and analysis market, in a deal valued at roughly $10...