➀ Siemens has announced the acquisition of Altair Engineering; ➁ Altair is a leading software provider in the EDA industry; ➂ The acquisition aims to strengthen Siemens' position in the software market.
Recent #Altair Engineering news in the semiconductor industry
➀ PTC and Cadence are rumored to be interested in acquiring software company Altair Engineering.
➁ Siemens is in negotiations to potentially acquire Altair Engineering, which could be the German giant's largest merger ever.
➂ Altair Engineering is a U.S.-based company specializing in simulation, IoT, HPC, data analysis, and AI, providing software and cloud solutions.
➃ Altair's products and services are utilized in various industries for innovation and smart decision-making.
➄ Altair's financial performance has been impressive with a 27% stock increase this year and a market value of $9.1 billion.
➅ Altair's product portfolio includes design phase solutions, HyperWorks solutions, electromagnetic and electronic solutions, and data analytics and machine learning.
➆ Altair has been actively investing in the EDA field, acquiring several companies in recent years.
➇ The acquisition of Altair by EDA giants could disrupt the semiconductor and EDA markets.
1. Altair announced the acquisition of Metrics Design Automation, a Canadian company specializing in finite element modelling software. 2. The acquisition includes DSim, a feature-based simulation tool that supports digital circuits and can be integrated with Altair's Silicon Debug Tools. 3. The cloud-based business model aims to make high-quality EDA design tools more affordable and accessible, potentially transforming the semiconductor space.