{"id":"81332f80-d827-4f45-aed1-29d7a27e655d","slug":"siemens-acquires-altair-2024","acquirerCompanyId":"f4d48bc8-5c9e-4d6e-b92a-1a7227cf47f1","acquiredCompanyId":"e3987217-de48-415a-bdca-d0b57b09f131","acquirerName":"Siemens","acquiredName":"Altair Engineering","announcementDate":"2024-10-30T00:00:00.000Z","closeDate":"2025-03-26T00:00:00.000Z","status":"completed","structure":"full_acquisition","valuationUsd":"10600000000","valuationBasis":"reported","summary":"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.","sources":[{"url":"https://news.siemens.com/en-us/siemens-altair-engineering-closing/","title":"siemens-acquires-altair-2024","sourceName":"Siemens"}],"verificationPosture":"verified","reviewStatus":"unreviewed","createdAt":"2026-06-24T18:21:07.465Z","updatedAt":"2026-06-24T18:21:07.465Z","acquirerCompany":{"id":"f4d48bc8-5c9e-4d6e-b92a-1a7227cf47f1","slug":"siemens","name":"Siemens"},"acquiredCompany":{"id":"e3987217-de48-415a-bdca-d0b57b09f131","slug":"altair-engineering","name":"Altair Engineering"},"assets":[]}