Altair Acquires Gen3D

Siemens Industry Software Acquires Altair Engineering

March 26, 2025

AI & Machine Learning

Siemens has signed an agreement to acquire Altair Engineering Inc. for $113 per share in cash, valuing the deal at about USD 10 billion. The transaction will combine Altair’s simulation, HPC, data science and AI capabilities with Siemens Xcelerator to create a more comprehensive AI-powered industrial software and digital twin portfolio.

Altair Acquires Cambridge Semantics

April 18, 2024

Data & Analytics

Altair (Nasdaq: ALTR) has acquired Cambridge Semantics, a provider of knowledge graph-powered data fabric and analytical graph database technology, and will integrate the technology into the Altair RapidMiner platform. The acquisition brings knowledge graph, data governance, data virtualization, and data discovery capabilities to Altair's analytics and data science offerings to accelerate enterprise knowledge graphs and support generative AI use cases.

Altair Acquires OmniQuest

October 2, 2023

Software

Altair (Nasdaq: ALTR) acquired OmniQuest, a Novi, Michigan-based developer of Genesis, an advanced structural optimization and finite-element analysis software. The deal adds OmniQuest's optimization algorithms and expertise—used across automotive, motorsport (Formula 1) and aerospace applications—to Altair's simulation and AI product portfolio to strengthen its optimization capabilities.

Agile Space Industries Acquires Tronix3D

June 10, 2021

Manufacturing

Agile Space Industries acquired metal additive manufacturer Tronix3D and will integrate and rebrand the business as Agile Additive to internalize metal 3D printing capabilities. The deal expands Agile's in-house manufacturing and IP for exotic metal alloys to accelerate development and production of high-performance aerospace components.

IMG Companies Acquires Altair Technologies

January 2, 2020

Manufacturing

IMG Companies, LLC acquired Altair Technologies, Inc. and concurrently recapitalized the company with management and private equity firm Addison Capital Partners. The acquisition brings Altair's furnace brazing, high-vacuum component manufacturing and metallurgical engineering capabilities into the IMG platform to expand capabilities across aerospace, defense, semiconductor and medical device end markets.

Siemens Acquires Atlas 3D

November 14, 2019

Cloud & SaaS

Siemens has acquired Atlas 3D, a Plymouth, Indiana startup that developed Sunata, a cloud-based, GPU-accelerated metal 3D printing optimization software. Atlas 3D will join Siemens Digital Industries Software to enhance Siemens' additive manufacturing software capabilities and accelerate customers' ability to produce high-quality metal parts.