Roland Busch

Siemens Acquires Industrial Simulation Software Co. Altair Engineering in $10 Billion Deal

by | Nov 5, 2024
Germany-based Siemens' industrial software business, Siemens Digital Industries Software, is based in Plano. Its EVP and CFO Timo Nentwich called the acquisition "a major milestone" for the North Texas-based business and its Xcelerator digital twin platform.
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Siemens To Invest $150M in New Electrical Equipment Plant in Fort Worth To Help Meet AI-Driven Data Center Growth
by | Nov 3, 2023
Munich, Germany-based Siemens is also investing in an electrical products manufacturing plant in Grand Prairie, as part of a $510 million overall investment in U.S. manufacturing for critical infrastructure in 2023.
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