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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 USD 113 per share, representing an enterprise value of approximately USD 10 billion. The offer price represents a 19 percent premium to Altair's unaffected closing price on October 21, 2024, the last trading day prior to media reports regarding a possible transaction. With this acquisition Siemens strengthens its position as a leading technology company and its leadership in industrial software.
Siemens Digital Industries Software has announced the 2025 release of Solid Edge software, bringing new capabilities to its product development software. The latest release also introduces Solid Edge X software, delivering a cloud-enabled secure Software as a Service (SaaS) environment, enhanced with new AI-enabled tools to help users work smarter.
Verification of a drive system should include all main elements of the system, which are gears, bearings, shafts, and depending on the application other parts such as screws, couplings, and connections. Gears are clearly the most complicated parts for verification, but in many cases, a gearbox failure has its origin in a shaft or bearing failure. The subject of this paper is to explain how verification of a drive system based on measured or simulated torque-speed-time data can be handled.
Siemens Digital Industries Software offers Zel X software, a next generation browser-based engineering app for streamlining manufacturing and shop-floor operations. Zel X consolidates software for manufacturing, operations, collaboration, design and simulation into a comprehensive, yet lightweight browser-based solution that delivers value instantly.
Siemens Digital Industries Software has announced the latest updates to its NX software from the Siemens Xcelerator portfolio bringing new and enhanced capabilities to Siemens’ flagship product engineering software that aim to help designers and manufacturers across all industries deliver better, optimized products to market faster.
It’s common to hear the metaverse described as a 3D experience layer of the internet. The “industrial metaverse” is a more difficult concept to define. According to Forrester, it’s an umbrella term for a collection of different technologies. Some of those technologies have existed for years just waiting to come together.
Following a previous blog on the topic, Understanding the Industrial Metaverse, in this blog Stephen Graham, executive vice president and general manager, Nexus, takes an introductory look at the four building blocks, highlighting some of the key issues.
Siemens Digital Industries Software has announced that Emotors, an independent e-drive manufacturer, has taken advantage of test solutions from the Siemens Xcelerator portfolio of industry software to aid in the development and constant improvement of its e-drive systems for hybrids, plug-ins and full electric vehicles (EVs).
The new KISSsoft release 2024 is coming soon! This April will bring you the new system module KISSdesign, accelerating the calculation of complex drive trains and replacing the previous KISSsys software.
RoboDK announces its strategic partnership with Comau, a global leader in advanced automation solutions and robot manufacturer. The latest version of Comau Roboshop Next Gen software seamlessly integrates with RoboDK, making simulation more advanced.
IIjin Electric's collaboration with Siemens began with the company's efforts to effectively integrate electrical design with mechanical design. “This collaboration went beyond simply changing tools. It represented a major advancement in the company's design approach and methodology.