Siemens acquires AI specialist Altair Engineering
Thursday, 31 October 2024
Berlin (AFP) Oct 31, 2024German industrial giant Siemens announced Wednesday it had acquired software specialist Altair Engineering, valuing the US company at around $10 billion, with the aim of strengthening its position in artificial intelligence. "With the acquisition, Siemens strengthens its position as a leading technology company and its leadership role in industrial software," the Munich-based group said in a
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