Acquisition

Siemens acquires Altair Engineering

Siemens acquired Altair Engineering for ~$10.6 billion equity value (announced Oct 30, 2024; completed March 26, 2025), a leader in industrial simulation, HPC, and data-analytics software, expanding Siemens' AI-powered industrial-software portfolio.

full acquisition · Completed · $10.6B (reported, approximate) · verified

Track Siemens acquires Altair Engineering

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81332f80-d827-4f45-aed1-29d7a27e655d

Parties

Acquirer: Siemens
Acquired: Altair Engineering

Timeline

Announced: 2024-10-30
Closed: 2025-03-26

Sources (1)

https://news.siemens.com/en-us/siemens-altair-engineering-closing/

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