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The starting signal for KUKA's digital offensive: Following the establishment of the new digital division, KUKA presented its comprehensive portfolio at its first software and digital event under the motto ‘KUKA digital powering your businesses at its headquarters in Augsburg. The long-established company, known for its industrial robots, is increasingly focusing on the consistent and seamless digitalization of global industrial landscapes. The highlight of the event: mosaixx, the open, collaborative cloud platform for industrial software-as-a-service.
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.
Hottinger Brüel & Kjær (HBK) officially launched Advantage Insights empowered by nCode (Advantage Insights), their latest data analysis tool. Advantage Insights offers a powerful, intuitive solution designed to unlock the full potential of engineering data, by speeding up and simplifying the process of handling this data. Some of the key benefits include: