Altair Engineering, Inc. provides enterprise analytics, engineering, and on-demand computing software technologies. Its technology optimizes the analysis, management, and visualization of business and engineering information. The company's products include HyperWorks, an enterprise simulation solution for design exploration and decision-making; and PBS GridWorks, a software environment for grid, cluster, and on-demand computing. It also provides product development consultancy services, business intelligence software solutions, and solid state lighting products, as well as develops and markets industrial design/styling software. The company serves automotive, aerospace, government and defense, heavy equipment, consumer products, life and earth sciences, oil and gas, and financial services industries. It sells its products through resellers and distributors in North America, South America, Europe, Africa, Russia, Asia, and Australia. The company was founded in 1985 and is headquartered in Troy, Michigan. It has regional offices and locations in Australia, New Zealand, Brazil, Canada, China, France, Germany, India, Italy, Japan, Korea, Mexico, the Russian Federation, Sweden, the United Kingdom, Ireland, and the United States.
Xscape Photonics specializes in the development of photonic chips aimed at enhancing bandwidth connections within high-performance computing systems and data centers. By leveraging photonics technology, the company creates scalable and energy-efficient solutions that support the demands of next-generation artificial intelligence, machine learning, and simulation hardware. Its photonic chips facilitate improved connections between various computing elements while minimizing power consumption, allowing clients to achieve faster and more efficient communication. Through its innovative approach, Xscape Photonics addresses the growing need for high-speed, sustainable connectivity in the evolving technological landscape.
Riverlane
Series C in 2024
Riverlane is a developer of quantum computing software focused on transforming experimental technology into commercial products. The company engineers innovative instruments in collaboration with quantum computer manufacturers, addressing the need for new hardware and software tools to manage the instability of qubits and rectify system defects at unprecedented speeds. Riverlane's software includes an ultra-low latency quantum operating system that accelerates quantum-classical hybrid algorithms, supporting hardware research and development. Additionally, the company creates algorithms designed to optimize the use of the entire quantum computing stack, assisting hardware partners in minimizing the system errors that currently challenge quantum computing capabilities.
Research In Flight
Acquisition in 2024
Research in Flight develops aerodynamic and hydrodynamic analysis tools for aerospace engineering applications.
Cambridge Semantics
Acquisition in 2024
Cambridge Semantics is a Boston-based company that specializes in big data management and enterprise analytics software. It offers the Anzo Smart Data Lake, which provides a universal semantic layer that connects and adds meaning to diverse enterprise data, whether structured or unstructured, and from internal or external sources. This platform enables IT departments and business users to semantically link, analyze, and manage data efficiently and at scale. By utilizing an open standard-based semantic layer and an enterprise-scale information fabric, Cambridge Semantics facilitates common access to an organization's information assets, thus enhancing data collaboration and exploratory analytics while reducing implementation costs compared to traditional methods.
OmniQuest
Acquisition in 2023
OmniQuest is a leading software company that specializes in developing and marketing design optimization tools tailored for the aerospace, automotive, and transportation industries. The company's innovative simulation optimization automation software enables users to graphically create interconnected workflows of components, allowing them to define each element within the flowchart effectively. This functionality aids clients in enhancing the ecological and economic aspects of their designs, making OmniQuest a valuable partner in promoting sustainable and efficient engineering practices.
Immersive Fox
Seed Round in 2023
Immersive Fox is a company that specializes in text-to-video services for businesses, enabling the rapid generation of video content remotely. It focuses on creating AI-generated microlearning videos from textual input, which can be utilized in learning management systems and corporate communications. Immersive Fox offers users the ability to produce short videos featuring either their own presenters or AI-generated avatars. The platform converts written scripts into audio, utilizing both natural and AI-generated voices, facilitating the creation and auto-translation of videos within minutes. This service streamlines video production and enhances educational and communication efforts for organizations.
Riverlane
Series B in 2023
Riverlane is a developer of quantum computing software focused on transforming experimental technology into commercial products. The company engineers innovative instruments in collaboration with quantum computer manufacturers, addressing the need for new hardware and software tools to manage the instability of qubits and rectify system defects at unprecedented speeds. Riverlane's software includes an ultra-low latency quantum operating system that accelerates quantum-classical hybrid algorithms, supporting hardware research and development. Additionally, the company creates algorithms designed to optimize the use of the entire quantum computing stack, assisting hardware partners in minimizing the system errors that currently challenge quantum computing capabilities.
Xscape Photonics
Seed Round in 2022
Xscape Photonics specializes in the development of photonic chips aimed at enhancing bandwidth connections within high-performance computing systems and data centers. By leveraging photonics technology, the company creates scalable and energy-efficient solutions that support the demands of next-generation artificial intelligence, machine learning, and simulation hardware. Its photonic chips facilitate improved connections between various computing elements while minimizing power consumption, allowing clients to achieve faster and more efficient communication. Through its innovative approach, Xscape Photonics addresses the growing need for high-speed, sustainable connectivity in the evolving technological landscape.
RapidMiner
Acquisition in 2022
RapidMiner, Inc. is a software company that provides a comprehensive platform for analytics teams, focusing on predictive analytics, data mining, and machine learning. Founded in 2006 and headquartered in Boston, Massachusetts, with additional offices in London, Dortmund, and Budapest, RapidMiner offers several key products, including RapidMiner Studio, a visual programming environment for building predictive analytics workflows, and RapidMiner Server, which facilitates the sharing and operationalization of predictive models. The company also provides RapidMiner Radoop for big data analytics and RapidMiner AI Cloud, a SaaS solution for managing predictive models in the cloud. Its offerings are complemented by a marketplace for extensions and extensive training resources for users. RapidMiner serves a diverse range of industries, including life sciences, financial services, manufacturing, and telecommunications, helping organizations streamline their data science processes and drive better business outcomes. The company was previously known as Rapid-I and rebranded in 2013.
Concept Engineering
Acquisition in 2022
Concept Engineering provide visualization and debugging technology for electronic circuits and systems, including automatic schematic generation for all major design levels. Their solutions help design engineers to easily understand, debug, optimize and document electronic designs. Their products are available for electronic design engineers and for EDA software tool developers and improve productivity for: RTL development, IP reuse, ASIC and SoC design, FPGA design, analog/mixed-signal design (AMS), logic synthesis, design verification, test automation, post-layout analysis, debugging and visualization on the system-level, RTL-level and netlist-level.
Gen3D
Acquisition in 2022
Gen3D is a technology company specializing in design software for additive manufacturing. The firm focuses on transforming the design process for components used in additive manufacturing, offering software and services that enhance confidence in manufacturing designs. By enabling the creation of highly optimized engineering components, Gen3D helps companies anticipate and eliminate potential manufacturing issues, ensuring that products are manufactured correctly the first time. Additionally, the company provides training in design for additive manufacturing (DfAM), equipping clients with the necessary skills to effectively utilize their software and improve their manufacturing processes.
Powersim
Acquisition in 2022
Powersim is a market provider of simulation and design tools for power electronics, including power supplies, motor drives, control systems, and microgrids.
Cassini
Acquisition in 2022
CassiniPLM helps companies build great products faster and more efficiently by synergizing product data with their processes and providing actionable intelligence to their engineering, manufacturing, and quality teams.
World Programming
Acquisition in 2021
World Programming is a data science and business analytics software developer based in Romsey, Hampshire, England, founded in 2000. The company specializes in its WPS platform, which enables robust data management, processing, and reporting. The platform is designed to handle large volumes of data through an intuitive drag-and-drop workflow, alongside coding capabilities that allow for shared execution. Its modular system supports various language modules and data engine modules, enabling users to run scripts and programmatically execute components of those scripts. This flexibility allows organizations to optimize their data science initiatives and deliver reliable information through daily processing tasks and scheduled operations.
S-FRAME Software
Acquisition in 2021
S-FRAME Software is a company specializing in civil engineering, providing advanced structural engineering software services. The firm develops 3D structural engineering analysis and design software that enables engineers to analyze, design, and detail structures of varying geometric complexities and material types. Its offerings address multiple loading conditions, nonlinear effects, and diverse design code requirements. By facilitating comprehensive evaluations of a structure's ability to withstand external forces such as wind, water, and snow, S-FRAME Software supports engineers in ensuring compliance with global design standards.
M-Base
Acquisition in 2020
M-Base supplies material databases and offers solutions in information systems, simulation software, and product information systems.
Ellexus
Acquisition in 2020
Ellexus Limited, incorporated in 2010 and based in Cambridge, United Kingdom, specializes in developing input/output (I/O) analysis tools and debugging software designed to optimize business processes across various industries. The company's solutions assist customers in identifying and resolving issues related to application performance, thereby enhancing speed, accuracy, and cloud readiness. Ellexus's software is particularly valuable for high-performance computing (HPC) administrators in large enterprises, as it helps eliminate bottlenecks and rogue applications while enabling optimization and dependency detection. As of September 2020, Ellexus operates as a subsidiary of Altair Engineering Inc.
Univa
Acquisition in 2020
Univa Corporation, founded in 2004 and based in Hoffman Estates, Illinois, specializes in enterprise-class workload management and containerization solutions. The company offers a range of products, including Univa Grid Engine, a distributed resource management system designed to optimize data center resources. Its offerings also feature various add-ons such as Container Edition, which enhances the efficiency of Docker containers; Short Jobs, which enables rapid task execution; and License Orchestrator for managing licensed application features across clusters. Additionally, Univa provides the Universal Resource Broker for hosting big data frameworks, UniSight Reporting for usage analytics, UniCloud for leveraging cloud resources, and Navops, a cloud-automation platform. These solutions empower organizations to manage and optimize applications, containers, and data center services effectively. Univa operates additional offices in Markham, Canada, and Munich and Regensburg, Germany, and it is a subsidiary of Altair Engineering Inc.
Wrap International - WRAP Software Business
Acquisition in 2020
WRAP Software Business covers a wide range of applications with focus on controlling radio spectrum assets for maximum utilization.
newFASANT
Acquisition in 2020
newFASANT is a developer of electromagnetic simulation software headquartered in Guadalajara, Spain. The company specializes in providing advanced technology in computational and high-frequency electromagnetics. Its software solutions enable clients to conduct radar cross-section analysis, urban radio propagation studies, circuit analysis, and ray-tracing simulations. These offerings assist customers in the examination of antennas, radar cross-sections, radiation patterns, and the development of sophisticated telecommunications systems. By focusing on these areas, newFASANT supports various industries in enhancing their electromagnetic applications and improving their technological capabilities.
EDEM Simulation
Acquisition in 2019
EDEM Simulation develops and markets advanced discrete element method (DEM) simulation software, which serves as a crucial tool for simulation-based engineering in industries that handle bulk particles, such as powders, granules, and aggregates. Founded in 2003 and headquartered in Edinburgh, UK, EDEM provides solutions that enhance the design and operation of equipment used in sectors including mining, construction, food processing, and pharmaceuticals. Its flagship EDEM Simulation Software and EDEM BulkSim software offer significant engineering benefits, allowing clients to optimize equipment performance, increase productivity, and reduce design and operational costs. EDEM serves a global clientele, including blue-chip companies, and operates offices in the United States, Japan, and China, while also collaborating with a network of engineering service partners to support the deployment of its simulation technology.
Polliwog
Acquisition in 2019
Polliwog Corporation, founded in 2000 and headquartered in Seongnam, South Korea, specializes in electronic design automation (EDA) software solutions tailored for the global electronics industry. The company offers a comprehensive suite of tools, including PollEx, which encompasses various applications for printed circuit board and integrated circuit manufacturing. Key features of the PollEx suite include functionalities for project management, design viewing, manufacturing rule checking, and signal integrity analysis. Polliwog's products address the increasing complexity of design environments by enabling users to efficiently verify and evaluate their product designs, ultimately reducing design iterations and manufacturing costs. In addition to its software offerings, Polliwog provides maintenance and consulting services to support its clients’ needs. As of October 2019, Polliwog operates as a subsidiary of Altair Engineering Inc.
Datawatch Corp
Acquisition in 2018
Datawatch Corporation designs, develops, markets, and distributes business computer software products in the United States and internationally.The company sells its products through direct sales force, value added resellers, strategic partners, and distributors. Datawatch Corporation was founded in 1985 and is headquartered in Chelmsford, Massachusetts.
SIMSOLID
Acquisition in 2018
SIMSOLID Corporation, founded in 2015 and based in Mississauga, Canada, specializes in developing structural analysis software tailored for design engineers. The company's software enables fast, accurate, and robust structural simulations of large CAD assemblies without the need for meshing, geometry simplification, or cleanup. This innovative approach enhances the efficiency of the design process. SIMSOLID operates on a subscription-based model and has been a subsidiary of Altair Engineering Inc. since October 2018.
FluiDyna
Acquisition in 2018
FluiDyna GmbH specializes in GPU-based fluid dynamics and numerical simulation technologies, focusing on high-performance computing for aerodynamics and multi-phase flows in complex geometries. Founded in 2006 and based in Garching, Germany, the company offers a range of services, including computational fluid dynamics (CFD) consulting, software development, and training courses on OpenFOAM. Its product lineup features advanced simulation tools such as ultraFluidX, nanoFluidX, Culises, and aeroFluidX, which are designed to predict aerodynamic properties and optimize flow simulations for various applications. FluiDyna also provides hardware solutions like GPUs, rack mount servers, and clusters, alongside FPGA-based sensor processing products for real-time computing. The company was previously known as die ingenieurschmiede engineering services GmbH before rebranding in 2008.
Candi Controls
Acquisition in 2018
Candi Controls, Inc. is an early-stage company based in Lafayette, California, specializing in cloud-based services that facilitate connectivity among energy companies, telecommunications providers, multiple system operators (MSOs), and manufacturers. Candi's platform addresses the complexities of integrating various networked devices in homes and businesses, which often utilize disparate communication mechanisms, hardware platforms, and data formats. The company excels in machine-to-machine communications and multi-system integration, leveraging its extensive experience in systems integration, user interface design, and distributed data management. Through its Candi Cloud Service, the company provides an API, drivers, and an interface library that enable seamless interconnection of devices and data across different platforms and protocols. This capability allows businesses to enhance their service offerings, extend brand reach, and deliver added value to both commercial and residential customers. Candi primarily targets service providers in the energy and telecommunications sectors, with a focus on markets in the Americas, Europe, the Middle East, and developed regions of Australasia.
Runtime Design Automation
Acquisition in 2017
Runtime Design Automation is a technology company specializing in scalable solutions for high performance computing (HPC). Runtime primarily serves customers leveraging electronic design automation (EDA) tools to design semiconductor devices such as CPUs, GPUs, chipsets, and System on Chip (SoC) integrated circuits.
Altair Engineering Finland
Acquisition in 2017
Altair Engineering Finland Oy, based in Helsinki, is a developer of ESAComp, a specialized composites simulation software. Formerly known as Componeering Inc., the company was incorporated in 1989 and rebranded in September 2017. The software, which is supported by the European Space Agency, focuses on structural analysis and design of composite structures, serving a variety of industries including aerospace, marine, automotive, rail transportation, alternative energy, and machinery. As a subsidiary of Altair Engineering, Inc., Altair Engineering Finland plays a significant role in advancing the capabilities of composite materials through innovative simulation technology.
Carriots
Acquisition in 2017
Carriots is a prominent global online platform that specializes in the development of Internet of Things (IoT) software applications. Originating as a spin-off from the system integrator Wairbut, which has over a decade of experience in engineering IT solutions for large international companies, Carriots offers a platform as a service (PaaS) tailored for IoT and machine-to-machine (M2M) projects. Its services cater to various industries, including agriculture, banking, energy, and oil and gas. The platform enables users to collect and store data from personal devices, create custom applications, and seamlessly deploy and scale from prototypes to thousands of connected devices. Additionally, Carriots provides cloud-based data analytics solutions, facilitating efficient data management and insights for its clients.
Solid Iris Technologies
Acquisition in 2016
Solid Iris Technologies Ltd. specializes in photorealistic rendering and visualization solutions. Founded in 2012 and based in Chaidari, Greece, the company offers Thea Render, a commercial rendering solution that features both biased and unbiased engines, including the Presto engine, which leverages NVIDIA CUDA GPU technology for high-speed rendering. Additionally, Solid Iris Technologies provides Kerkythea, a freeware software that utilizes physically accurate materials and lighting to create high-quality renders. This software also includes tools for automating scene setup, such as a real-time viewer, material editor, and various settings editors, all within a unified interface. As of September 2016, Solid Iris Technologies operates as a subsidiary of Altair Engineering, Inc.
Awe Communications
Acquisition in 2016
AWE Communications GmbH specializes in the development of software tools for wave propagation and radio network planning. The company offers a comprehensive suite of products, including WinProp, which addresses various propagation scenarios and air interfaces. AWE provides essential tools for evaluating electromagnetic compatibility at transmitter sites, as well as traffic simulators and solutions for converting building databases or antenna patterns. Their propagation models and network simulators can be integrated into existing radio network planning tools via APIs. Additionally, AWE engages in customer-specific research and development projects within mobile communications and participates in publicly funded initiatives. The company also provides education services, including seminars and workshops related to wireless communications and electromagnetic compatibility. AWE Communications serves a diverse clientele, including commercial entities, universities, and educational centers, and distributes its products both directly and through partners across Europe, Asia, and the South Pacific. Founded in 1998, AWE is based in Böblingen, Germany.
EMSS
Acquisition in 2013
EMSS specialises in the field of electromagnetic simulation software and services. They develop internationally recognised products and consult to various large enterprises. Their R&D department designs and produces highly specialised RF equipment and antennas.
ACUSIM Software
Acquisition in 2011
ACUSIM Software, Inc. specializes in developing computational fluid dynamics (CFD) solver solutions. The company offers advanced software that integrates seamlessly with finite element analysis (FEA)-based technologies, enabling users to effectively address complex fluid-structure interaction and multi-physics challenges. Its products are designed for a variety of engineering and scientific applications, providing critical tools for professionals seeking to enhance their analysis and simulation capabilities in fluid dynamics.
SimLab
Acquisition in 2010
SimLab Corporation. Headquartered in Santa Margarita, Calif., SimLab specializes in highly automated, tailored finite element modeling solutions for powertrain systems within the automotive and heavy equipment industries.
solidThinking
Acquisition in 2008
solidThinking is a developer of industrial design software that focuses on enhancing the product development process for a diverse user community, including designers, engineers, architects, and scientists. Founded in 1991 to cater to the needs of Italian industrial designers, the company was acquired by Altair in 2008. solidThinking's software suite features advanced 3D modeling tools and integrated rendering engines, which enable users to create high-quality, photo-realistic virtual models. The technology supports topological optimization, allowing companies to make informed decisions during the design and engineering phases. By streamlining the design-to-market process, solidThinking helps businesses deliver innovative products more efficiently. The software is distributed globally through a network of partners and is also part of the Altair HyperWorks suite.
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