Siemens acquires Altair to create most complete AI-driven design and simulation portfolio

Roland Busch, President and CEO of Siemens AG, said: "The acquisition of Altair marks an important milestone for Siemens. The combination of Altair's capabilities in simulation, high performance computing, data science and artificial intelligence with Siemens Xcelerator will create the world's most complete AI-driven design and simulation portfolio.