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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.
Siemens’ annual event Realize LIVE Americas never fails to disappoint on the technology front. Automation, AI, IIoT, the Industrial Metaverse, additive manufacturing—you name the technology—Siemens has it covered. The factory of the future is no different. The company spends a great deal of time discussing smart manufacturing, analytics and services examining what a typical shop floor might look like in 15–20 years.
Siemens Digital Industries Software has announced that the Orient Express Racing Team is using the Siemens Xcelerator portfolio of industry software to aid in preparation for upcoming 37th America’s Cup and to gain competitive advantage.
Siemens Digital Industries Software recently announced that Panasonic Corporation (“Panasonic”) has started to adopt its Teamcenter X software, a Software-as-a-Service (SaaS) cloud product lifecycle management (PLM) solution from the Siemens Xcelerator portfolio of industry software to accelerate its digitalization in product development and design.
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.
Siemens Digital Industries Software 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).
Production facilities are increasingly the targets of cyberattacks. Industrial companies are therefore required to identify and close potential vulnerabilities in their systems. To address the need to identify cybersecurity vulnerabilities on the shop floor as quickly as possible, Siemens has launched a new cybersecurity software-as-a-service.
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).