Megadeal: Siemens acquires Altair Engineering

Acquisition Megadeal: Siemens acquires Altair Engineering

2025-02-13 Source: Press release | Translated by AI 1 min Reading Time

Related Vendors

Altair Switzerland

Siemens Schweiz AG

dataTec AG

Wuxi InfiMotion Technology Co., Ltd.

Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive $113 per share, equating to an enterprise value of approximately $10 billion.

Siemens strengthens its leadership position in industrial software and AI through the acquisition of Altair Engineering.(Image: Siemens AG) — Siemens strengthens its leadership position in industrial software and AI through the acquisition of Altair Engineering.
(Image: Siemens AG)

"The acquisition of Altair is a significant milestone for Siemens. This strategic investment aligns with our commitment to accelerate our customers' digital and sustainable transformation by bridging the real and digital worlds. With Altair's expertise in simulation, high-performance computing, data science, and artificial intelligence, together with Siemens Xcelerator, we are creating the world's most comprehensive AI-driven design and simulation portfolio," said Dr. Roland Busch, CEO of Siemens AG. "It is a logical next step: In the past 15 years, we have expanded our leadership in industrial software and recently harnessed the benefits of data and AI for entire industries."

"This acquisition marks the culmination of nearly 40 years of Altair's evolution from a startup in Detroit to a global leader in the software and technology industry. We have gained thousands of customers worldwide in manufacturing, life sciences, energy, and financial services, and have built a great workforce and an innovative corporate culture," said James Scapa, founder and CEO of Altair. "We believe that this combination of two highly complementary market leaders in engineering software brings together Altair's broad portfolio in simulation, data science, and high-performance computing with Siemens' strong position in mechanics and EDA design. Siemens' outstanding technology, strategic customer relationships, and technology-driven culture align excellently with Altair to further advance the path of innovation through computational intelligence."

Altair's simulation portfolio is highly complementary. Particularly with its strong capabilities in mechanical and electromagnetic simulation, Siemens enhances its comprehensive Digital Twin and can thus offer a complete, physics-based simulation portfolio as part of Siemens Xcelerator. Altair's data science and AI-driven simulation capabilities allow everyone, from engineers to generalists, to work with simulation tools. This accelerates design iterations and shortens time-to-market. Furthermore, Altair's data science capabilities will further accelerate the utilization of Siemens' industry expertise in product lifecycles and manufacturing processes.

(new)

Subscribe to the newsletter now

Don't Miss out on Our Best Content

Business E-mail

Please enter a valid mailadress.

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy. The consent declaration relates, among other things, to the sending of editorial newsletters by email and to data matching for marketing purposes with selected advertising partners (e.g., LinkedIn, Google, Meta)

Date: 08.12.2025

Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.

Consent to the use of data for promotional purposes

I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planck-Str. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here

Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.

Additionally, my consent also includes the processing of my email address and telephone number for data matching for marketing purposes with select advertising partners such as LinkedIn, Google, and Meta. For this, Vogel Communications Group may transmit said data in hashed form to the advertising partners who then use said data to determine whether I am also a member of the mentioned advertising partner portals. Vogel Communications Group uses this feature for the purposes of re-targeting (up-selling, cross-selling, and customer loyalty), generating so-called look-alike audiences for acquisition of new customers, and as basis for exclusion for on-going advertising campaigns. Further information can be found in section “data matching for marketing purposes”.

In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here. This does not apply to data matching for marketing purposes.

Right of revocation

I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://contact.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.