Hannover, Germany, September 15, 2026 – The commercial vehicle industry is facing virtually unprecedented opportunities – but also challenges. Rising transport demands driven by the growth of global trade, stringent regulatory requirements, and a worsening […]
March 26, 2025 – Siemens announced today that it has completed the acquisition of Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market, for an enterprise value of approximately […]
Some new capabilities for designing magnetic systems in electric motors are part of an update by Siemens EDA to its Simcenter Magnet software. The new updates to the Simcenter electromagnetics (EMAG) solutions accelerate a designer’s […]
Engineering software company Altair has acquired Powersim, a top provider of simulation and design tools for power electronics including power supplies, motor drives, control systems and microgrids. The acquisition expands Altair’s electronic system design technology […]
Sp Control Technologies, startup developer of a new artificial-intelligence magnetic design platform known as Frenetic, has recently bolstered its go-to-market power with a fund raising backed by venture capital investors in Spain, Portugal and Germany. “We have […]
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