Brenda Discher’s Post

🚨 Industry News Alert 🚨 Siemens has made a strategic leap in the engineering software sector with its recent acquisition of Altair for a reported $10.6 billion. This move is set to redefine the digital landscape, strengthening Siemens' portfolio in simulation and engineering software. With Altair's expertise, Siemens is poised to deliver even more advanced solutions, supporting innovations across industries from manufacturing to aerospace. This acquisition underscores Siemens' commitment to driving digital transformation and expanding its digital and simulation technology offerings. As industries increasingly rely on digital tools, this partnership will empower businesses to optimize performance and innovate with greater precision. 📈 #Siemens #Acquisition #EngineeringSoftware #DigitalTransformation #SimulationTech #Altair #IndustryNews

Hi Folks! 🌐💼 Big news in the tech industry: Siemens is set to acquire Altair Engineering Inc., a key player in industrial simulation and analysis, for nearly USD 10 billion! Here’s what you need to know: • 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲: Altair shareholders to receive USD 113 per share, a 19% premium. 📈 • 𝗧𝗲𝗰𝗵 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁: Siemens will expand its Digital Twin technology with Altair's advanced simulations. 🔧🔍 • 𝗔𝗜 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻: The acquisition boosts Siemens' AI and data science capabilities in industrial software. 🧠💻 • 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗕𝗼𝗼𝘀𝘁: The deal is expected to raise Siemens' digital business revenue by 8% and generate significant long-term revenue synergies. 💵💹 • 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗙𝘂𝗻𝗱𝗶𝗻𝗴: Fully financed by Siemens' cash reserves and planned divestitures, maintaining strong credit standing. 💰🏦 A strategic step for Siemens in leading industrial AI and digital technologies! 💡🛠️ How will this impact the future of the tech industry? Read the full news below 👇: https://lnkd.in/gNANAv9v #Siemens #AltairEngineering #IndustrialAI #TechAcquisition #DigitalTwin

Siemens IS Both a Software and a Manufacturing Leader. Now that that buzz has settled a little I wanted to share a piece we placed around a $10B acquisition Siemens made (my second day back from getting married 😵) With this move, Siemens will continue to extend it's lead in the digital twin, AI and simulation space to bring the most comprehensive software solutions to solve the world's biggest challenges like sustainability, supply chain issues and even upskill and bring more people back into the workforce. My favorite part of this amazing story written by the incredibly smart and talented Brooke Sutherland is: "It’s incredibly difficult to convince investors to treat a legacy industrial manufacturer like a software company...The inverse is much easier: Microsoft Corp. makes laptops and gaming consoles, while Alphabet Inc. makes doorbells, cameras and smoke detectors and Amazon.com Inc. makes speakers and tablets. But the alternative for industrial acquirers is to cede the digital realm to technology giants, and that has risks as well. While artificial intelligence might eventually replace some human jobs, it’s not going to eradicate the factory floor altogether. “The world loves IT, right? But it runs on operational technology,” Busch said." Siemens is a tech company. And one that's making a positive impact on our world. https://lnkd.in/ej9WRcy2

Siemens is close to acquiring Altair Engineering, which could strengthen its software portfolio in aerospace, automotive, and AI-ready solutions. With Altair’s market value at $9.46 billion, this would be a record deal for Siemens AG. Altair recently partnered with Altium in simulation analysis. If Siemens completes the acquisition, it may impact this partnership, weakening competitor's positions in analysis. This upcoming deal continues a trend of acquisitions in the design automation tools industry, following the recent Synopsys-Ansys deal, and points to further changes in the industry. https://lnkd.in/dR4j6ryG #Altair #Siemens #Altium #EDA #SiemensEDA #EngineeringSoftware

Siemens AG poised for record acquisition of Altair Engineering Inc. https://lnkd.in/dww_4cCp Siemens AG is near a deal to acquire software maker Altair Engineering Inc., which would mark its largest acquisition to date, according to sources familiar with the situation. #Acquisition #AltairEngineering #engineeringsoftware #industrialsoftware #Innovation #Siemens #technologysector

Siemens acquires Altair Engineering, a global leader in computational science and artificial intelligence, that provides software and cloud solutions in Simulation and Analysis, Data Science and AI, and High-Performance Computing. Altair shareholders to receive $113 per share, representing an enterprise value of $10bn; the offer price represents a 19% premium to Altair’s unaffected closing price on October 21, 2024. The transaction creates the world's most complete AI-powered design and simulation portfolio, and will strongly increase Siemens' digital business revenue by +8%, adding €~600m to Siemens' digital business revenue of €7.3bn as reported in fiscal year 2023. Investor presentation & press release: https://lnkd.in/etZ6zasy

Siemens acquisition of Altair for $10B represents its largest M&A in years, surpassing the $4.5B Mentor Graphics acquisition in 2016. Thru the Mentor Graphics, and notably the smaller LMS, A Siemens Business acquisition back in 2012, Siemens Digital Industries Software has successfully woven in all these solutions into #DigitalThreads that supports various industry verticals such as #Automotive, #Aerospace, #Electronics, #HeavyEquipment etc. Not only that, the solution depth Siemens offer ranges from the top down methodology thru #MBSE, linking these to detail multi-domain #EE, #Software & #Mechanical development and verification thru multi-physics #Simulation, before moving into #DigitalManufacturing & closing the loop thru #ServiceLifeCycle. Looking thru similar lenses, this Altair acquisition will also offer synergistic solution capabilities to the existing comprehensive #DigitalTwin to help our Customers to level up in the age of AI-powered Development & Manufacturing. #SiemensXcelerator #MergersAcquisition #DigitalTransformation

🚀 𝗦𝗶𝗲𝗺𝗲𝗻𝘀 𝗘𝗺𝗯𝗿𝗮𝗰𝗲𝘀 𝗔𝗹𝘁𝗮𝗶𝗿 𝗳𝗼𝗿 𝗔𝗜-𝗗𝗿𝗶𝘃𝗲𝗻 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 🌍 Insight from CEO Roland Busch on Siemens Latest Milestone in the field of digital transformation. ✨ 𝗔 𝗣𝗼𝘄𝗲𝗿𝗳𝘂𝗹 𝗔𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 Siemens’ acquisition of Altair Engineering marks a significant step in fortifying its AI and simulation capabilities. This partnership is set to reshape the landscape of industrial innovation. ✨ 𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗧𝘄𝗶𝗻 & 𝗦𝗶𝗺𝘂𝗹𝗮𝘁𝗶𝗼𝗻 Altair’s simulation tools will become an integral part of Siemens Xcelerator, delivering a robust suite of physics-based modeling and AI-driven solutions for industries facing complex challenges. ✨ 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 & 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 With enhanced digital twin capabilities, Siemens will empower businesses to drive sustainable growth, streamline operations, and pioneer industry-leading solutions backed by data. #DigitalInnovator #Siemens #DigitalTwin #AltairEngineering #IndustrialMetaverse #Simulation #AI #XR #AugmentedReality #Innovation #IndustrialTransformation #FutureTech #Metaverse #Sustainability #DigitalTransformation 👉 Follow me, Ulrich Buckenlei, for updates on the latest in extended reality, the industrial metaverse, digital twins, and AI!

This is Big and so Strategic !!

If you missed this exciting news in the engineering software world 🌎 check it out below! Siemens announced the agreement to acquire Altair for $10.6B. Altair is the pioneering force in AI-driven simulation software. This acquisition will extend our leadership position in digital twin technology by incorporating Altair’s expertise in nonlinear structural and AI-powered simulation capabilities. Together, we will be empower our customers to simulate real-world conditions with unparalleled precision—whether they are engineering the next generation of wearables, autonomous vehicles, or complex industrial systems. 🥂🍾 Cheers to Siemens Siemens Digital Industries Software Altair Xcelerator which will create the world's most complete AI-powered design and simulation portfolio for #TeamSiemens #Xcelerator #AI