Siemens strengthens leadership in industrial software and AI
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
Software-driven, smart munitions are revolutionizing warfare
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 software supply chain: new breeding ground for ransomware attacks
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
Ariane 6 set for new launch this year after software flaw identified
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
China’s Huawei launches new software for intelligent driving
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
New Cadence supercomputers aim to speed creation of chips, software
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
Software giant Salesforce in advanced talks to buy Informatica
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
Software industry calls for more UK Government support
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
Japan chipmaker Renesas to buy software firm Altium for $5.9 billion
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