The Latest Breaking News from Siemens

The industrial sector is well-positioned for solid growth and expansion, propelled by technological advancements, the robotics revolution, and diversified demand. Thus, quality industrial automation stocks RTX Corporation (RTX), Siemens Aktiengesellschaft (SIEGY), and Eaton Corporation (ETN) could be ideal buys for the robot revolution. Read on.

Siemens will be acquiring Altair for $10.6 billion in a move to strengthen its presence in the industrial software market.

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A lawsuit could derail the project, though.

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Thousands of Germans have flocked to North Carolina in recent years, aided by investments from Siemens and Daimler.

Siemens, whose sprawling global business runs from making trains and factory equipment to systems that manage data centers, said its software business performed strongly, winning a series of major contracts.

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