Siemens' Acquisition of Altair Engineering

Siemens recently acquired Altair Engineering, significantly enhancing its portfolio in simulation capabilities. This $10 billion acquisition is seen as a strategic move to bolster Siemens’ digital twin and physics-based simulation offerings, which are critical in modern industrial applications. Experts suggest that Altair's strengths in mechanical and electro-technical simulation will provide valuable integration with Siemens’ existing technologies, facilitating broader access to simulation tools for engineers and manufacturers alike. This acquisition also sparks discussions on the role of startups and smaller companies in the rapidly consolidating industrial tech landscape, raising questions about room for innovation amidst big corporate mergers.