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Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The

XTEND, a global leader in AI-powered autonomy and tactical drone solutions, has been awarded a $8.8 million dollar contract by the U.S. Department of Defense's (DoD) Irregular Warfare Technical Support Directorate (IWTSD) to deliver Precision Strike Indoor & Outdoor (PSIO) small Unmanned

The cybersecurity landscape constantly evolves, and cybercriminals continually refine their tactics to exploit new vulnerabilities. A recent study by OpenText, a leader in cybersecurity, highlighted a troubling trend: ransomware attacks are on the rise, and cybercriminals are increasingly targeting the

By Tim Hepher PARIS (Reuters) - Space launch provider Arianespace on Monday reaffirmed plans to stage the second mission of Europe's Ariane 6 launcher before the end of the year after a glitch that marred the inaugural launch was traced to

By Qiaoyi Li and Brenda Goh BEIJING (Reuters) - Chinese tech company Huawei unveiled on Wednesday a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle industry. The new brand Qiankun, symbolising

By Stephen Nellis (Reuters) - Cadence Design Systems on Wednesday introduced the latest version of supercomputer based around a custom computing chip designed to speed up the creation of other computing chips and the software that will run on them. Cadence makes

By Anirban Sen (Reuters) - Customer relations software maker Salesforce is in advanced talks to acquire Informatica, a person familiar with the matter told Reuters on Friday, in the latest sign of increased deal-making in the technology sector. A deal could be

By Martin Coulter LONDON (Reuters) - Britain's government has been urged to provide more support for the software industry with measures including tax incentives and talent visas. More than 120 industry leaders have called for government intervention to improve conditions for European

By Sam Nussey TOKYO (Reuters) - Japan's Renesas Electronics on Thursday said it would buy electronics design firm Altium for $5.9 billion in cash, as the acquisitive automotive chipmaker looks to offer digital device design to customers. The acquisition places Renesas at

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