BAE Systems Acquires Bohemia Interactive Simulations from The Riverside Company

Saab Acquires BlueBear Systems Group Ltd

September 5, 2023

Aerospace & Defense

Saab has acquired all shares in UK-based BlueBear Systems Group Ltd to strengthen its AI-enabled autonomous swarm and command-and-control capabilities. BlueBear, based outside Bedford, England, employs about 65 staff and had roughly £8 million turnover last year; Saab will integrate the business as a centre for rapid concept development to enhance its offering across key international markets.

Albion River Acquires Arotech Corporation

February 3, 2025

Aerospace & Defense

Albion River has acquired Arotech Corporation from Greenbriar Equity Group. The acquisition adds high-fidelity training & simulation, portable power systems, and advanced electronics manufacturing capabilities to Albion River’s defense and security platform; Arotech will continue to be led by CEO Dean Krutty and remain headquartered in Ann Arbor, Michigan.

3B Scientific Acquires Veterinary Simulator Industries

September 23, 2024

Medical Devices

3B Scientific, the Hamburg-based manufacturer of medical and veterinary educational simulators, has acquired Veterinary Simulator Industries (VSI), a developer of realistic veterinary training simulators. The deal expands 3B Scientific's veterinary training product portfolio and global distribution reach to support veterinary education worldwide.

Behaviour Interactive Acquires Midwinter Entertainment

June 2, 2022

Media & Entertainment

Montreal-based Behaviour Interactive is acquiring Seattle-based Midwinter Entertainment from Improbable. A team of about 30 from Midwinter will join Behaviour on June 2, 2022 as the studio’s talent and capabilities are folded into Behaviour’s development slate to support new original IPs.

The Riverside Company / PSI Acquires Basic Fire & Safety

April 28, 2020

Industrial Services

The Riverside Company has invested in Basic Fire & Safety (BFS) as an add-on to its fire and life safety platform, Performance Systems Integration (PSI). The acquisition expands PSI’s footprint in Washington state and adds fire extinguisher sales, inspections and service capabilities to the platform.

Siemens Acquires Altair Engineering

March 26, 2025

Software

Siemens AG has completed the acquisition of Altair Engineering Inc. for an enterprise value of approximately USD 10 billion. The deal adds Altair's capabilities in mechanical and electromagnetic simulation, high-performance computing (HPC), data science and AI to Siemens' Xcelerator platform, strengthening Siemens' industrial software and digital twin offerings.