Siemens to acquire driverless car software developer Tass to strengthen product lifecycle management portfolio

Siemens has reached an agreement to acquire self-driving software specialist Tass International

Siemens is said to be Europe’s largest engineering company and has been on the acquisitions and investments trail for some time.

Earlier this year, Siemens spent $4.5 billion buying Mentor Graphics, a builder of electronic hardware and software solutions. Last year, it invested more than $130 million in Bentley Systems, a developer of software solutions which can show factories in digital form.  Continue reading Siemens to acquire driverless car software developer Tass to strengthen product lifecycle management portfolio