Siemens is reportedly in advanced talks to acquire Altair Engineering Inc., a U.S.-based software company specializing in computer-aided engineering (CAE). If the deal proceeds, it could become Siemens’ largest acquisition to date. According to Bloomberg, Siemens and Altair have engaged advisors to support the negotiations, although no formal agreement has been reached yet. Altair, valued at nearly $9 billion, would complement Siemens’ existing software suite with advanced simulation, machine learning, and optimization capabilities, which are essential for enhancing product development workflows and design.
The acquisition aligns with Siemens’ digitalization goals, particularly within Siemens Digital Industries Software, which serves industrial sectors with digital tools for product lifecycle management, simulation, and industrial 3D printing. Altair has also strengthened its portfolio through recent acquisitions, including Gen3D in 2022, which brought additive manufacturing design capabilities into its Altair Inspire platform. This integration highlights Altair’s focus on simulation-driven design tools that align well with Siemens’ commitment to digital twins, end-to-end manufacturing solutions, and the scalability of additive manufacturing.
Analysts suggest that Siemens’ acquisition of Altair would consolidate the engineering software market, allowing Siemens to expand its digital chain offerings and better serve industries reliant on robust simulation and optimization technologies. This potential acquisition could further Siemens’ industrial software capabilities, making it a significant player in digital manufacturing and advanced product design.
