Siemens completed the acquisition of Altair for $10.6bn.

Siemens, a German multinational technology conglomerate, completed the acquisition of Altair, an American information technology company, for $10.6bn. "We welcome the Altair community of customers, partners and colleagues to Siemens. Adding Altair's groundbreaking innovations to the Siemens Xcelerator platform will create the world's most complete AI-powered design, engineering and simulation portfolio. Together, we will help our customers to innovate at the scale and speed that today's complexity-driven world demands. Through the ONE Tech Company program, we will extend our leadership in industrial software. This enables all industries to benefit from the revolution driven by data and AI," Roland Busch, Siemens President and CEO.