Siemens completed its acquisition of Altair Engineering Inc. in March 2025, uniting two established leaders in industrial technology. The addition of the Altair team and technology positions Siemens to deliver the most comprehensive Digital Twin on the market, ensuring companies can bring complex products to market faster.
About Altair Engineering Inc.
Altair Engineering is a global leader in computational intelligence. Since its founding in 1985, the company has provided advanced software and cloud solutions in data analytics, design, simulation, and high-performance computing (HPC).
Altair serves thousands of customers worldwide across diverse industries. Its comprehensive portfolio includes Altair HyperWorks, Altair HPCWorks, Altair RapidMiner, and AI. These tools enable organizations to model intricate systems while shortening product development cycles.
The benefits of the acquisition
The acquisition significantly expands Siemens’ industrial software portfolio and reinforces its position as one of the world’s leading technology companies.
By integrating Altair’s simulation, AI, and HPC technologies into the Siemens Xcelerator platform, Siemens now delivers the most comprehensive digital twin environment available on the market.
The expanded Siemens portfolio allows everyone, from engineers to generalists, to access advanced simulation and AI capabilities. This democratization of high-performance computing and simulation will shorten development cycles, reduce time-to-market, and accelerate innovation across organizations of all sizes.
Looking ahead
The acquisition of Altair sets a new standard for integrated industrial software platforms. Simulation, AI, and data now drive competitive advantage across industries, and this acquisition places Siemens at the forefront of the next generation of engineering and manufacturing innovation.
The future of industrial software will be built on convergence, intelligence, and scale. With the integration of Altair, Siemens now offers one of the most powerful and comprehensive portfolios shaping that future.