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Siemens acquires AI specialist Altair Engineering

Energy Daily Thursday, 31 October 2024 ()
Siemens acquires AI specialist Altair EngineeringBerlin (AFP) Oct 31, 2024

German 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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