LER TechForce Acquires Siemens Altair Resource Solution Division

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.

Tyler Technologies Acquires ResourceX

October 31, 2023

Software

Tyler Technologies has acquired ResourceX, a Denver-based provider of priority-based budgeting software for the public sector. The deal integrates ResourceX's AI/ML-enabled budgeting tools into Tyler's ERP and civic product suite to expand Tyler's public-sector budgeting capabilities and provide greater transparency and efficiency for government clients.

Resource Innovations Acquires TechniArt

December 22, 2022

Cloud & SaaS

Resource Innovations, a women-led clean energy transformation firm and portfolio company of BV Investment Partners, has acquired Connecticut-based e-commerce and customer engagement company TechniArt. The add-on expands RI's digital and e-commerce capabilities to help utilities drive adoption of energy-efficient and electrification measures through improved customer engagement and program delivery.

Altair Acquires RapidMiner

September 16, 2022

Data & Analytics

Altair has signed and completed a definitive agreement to acquire RapidMiner, a provider of low-code data analytics and machine learning software. The acquisition expands Altair's end-to-end data analytics and machine learning capabilities, integrating RapidMiner's desktop and cloud platforms into Altair's analytics portfolio to better serve industries such as manufacturing and financial services.

S.i. Systems Acquires Eagle Professional Resources

January 5, 2022

Staffing & HR

S.i. Systems ULC has acquired Eagle Professional Resources, an Ottawa-headquartered IT staffing firm. The deal expands S.i. Systems' national footprint and creates a larger Canadian IT staffing platform; terms were not disclosed.

TransTech Group Acquires Cryogenic Technology Resources (CTR)

September 26, 2024

Industrial Services

TransTech Group, a portfolio company of Bridge Industries, has acquired Cryogenic Technology Resources (CTR) to expand its cryogenic systems, fabrication, service and automation capabilities. The deal strengthens TransTech’s end-to-end offering for industrial gas, air separation, and related end markets while expanding geographic reach and service capacity.