Siemens acquires Altair
2025-03-26 · Publisher : Siemens · Domain : Industry 4.0 & 5.0
Siemens completes the acquisition of Altair Engineering, a simulation and high-performance computing specialist, for an enterprise value of about $10 billion. The deal was announced on 30 October 2024 at $113 per share.
What changes
- Announced on 30 October 2024: $113 per share, a 19% premium to the unaffected price.
- Closed on 26 March 2025 for an enterprise value of about $10 billion.
- Siemens adds mechanical and electromagnetic simulation, high-performance computing, data science and AI.
- Cornerstone of the ONE Tech Company program and the Siemens Xcelerator platform.
### What changes On 26 March 2025, Siemens announces it has completed the acquisition of **Altair Engineering**, a vendor of industrial simulation and analysis software, for an **enterprise value of about $10 billion**. The deal, announced on 30 October 2024, makes Siemens a leading simulation player alongside its design (NX), PLM (Teamcenter) and automation offerings. ### Key facts - Price announced on 30 October 2024: **$113 per share**, a 19% premium to the unaffected closing price of 21 October 2024. - New capabilities: mechanical and electromagnetic simulation, high-performance computing (HPC), data science and AI. - Integration into the Siemens Xcelerator platform; Siemens claims "the world's most complete AI-powered portfolio of industrial software" (vendor wording). - Deal presented as a cornerstone of the ONE Tech Company program, meant to raise the group's digital revenue share. ### Why it matters For design offices, simulation becomes a native building block of the Siemens digital twin, from product to plant. The acquisition belongs to a consolidation wave: Synopsys acquires Ansys (July 2025), Cadence takes over Hexagon's design business (February 2026). Choosing simulation tools also means choosing an ecosystem. ### Takeaway One of Siemens' largest software acquisitions, anchoring simulation at the heart of its industrial AI strategy.
Links
Tags : Acquisition, Simulation, Jumeau numérique, Siemens, IA industrielle