Acquiring Company
Siemens
Acquired Company
Altair
Munich
TroyInformation TechnologyArtificial IntelligenceTransportationCyber SecurityMachine LearningLogisticsFleet ManagementmachinerySoftwareAerospaceDescription
Siemens has completed the acquisition of Altair Engineering for $10.6 billion. This strategic move aims to enhance Siemens' software capabilities and expand its presence in engineering and data analytics. The deal is expected to drive further innovation and growth. Both companies will leverage their strengths to deliver advanced solutions.
Quick answer
Siemens is acquiring Altair for $10.6 billion, announced March 27, 2025. Siemens is based in Munich, Bavaria, Germany.
- How much did Siemens pay for Altair?
- The reported deal value is $10.6 billion.
- What does Siemens do?
- Visit Siemens, the technology company focused on industry, infrastructure, transport, and healthcare.
- Where are Siemens and Altair based?
- Siemens is based in Munich, Bavaria, Germany. Altair is based in Troy, Michigan, United States.
- Who are the decision-makers at Siemens?
- Fundz holds 3 contacts at Siemens. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Siemens, and when
When Siemens changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Siemens raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Siemens, from your own LinkedIn network
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Frequently asked
Who acquired Altair?
Altair was acquired by Siemens, based in Munich. The deal was reported on March 27, 2025. Visit Siemens, the technology company focused on industry, infrastructure, transport, and healthcare. Siemens is privately held and operates in Information Technology.
When did Siemens acquire Altair?
Siemens's acquisition of Altair was reported on March 27, 2025. Siemens has completed the acquisition of Altair Engineering for $10.6 billion. This strategic move aims to enhance Siemens' software capabilities and expand its presence in engineering and data analytics. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Altair do?
Altair Engineering, Inc. is a global technology company providing software and cloud solutions in the areas of product development, high-performance computing (HPC), and data analytics. It is privately held, operating in Software, and is based in Troy.
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