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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.Â