one of nine business groups within Siemens, is its industrial controls, industrial software and automation division. “When it comes to PLCs [the computerized brains of the machines in industry ...

(Bloomberg) -- Siemens AG has agreed to buy software maker Altair Engineering Inc. for an enterprise value of $10 billion, furthering the German engineering giant’s migration to higher margin ...

(Reuters) -Siemens (SIEGY) is to buy US engineering software firm Altair Engineering (ALTR) for $10.6 billion, strengthening its position in the growing market for industrial software. The deal ...