Altair
Altair Engineering, Inc. specializes in enterprise analytics and engineering software technologies, focusing on optimizing the analysis, management, and visualization of business and engineering information. The company's flagship products include HyperWorks, an enterprise simulation solution, and PBS GridWorks, which facilitates grid and on-demand computing. Altair's software suite supports various disciplines, including structures, fluids, and thermal management, enabling comprehensive product lifecycle management from concept design to operational use. Additionally, the company offers consultancy services and business intelligence solutions, catering to industries such as automotive, aerospace, defense, heavy equipment, consumer products, and financial services. Founded in 1985 and headquartered in Troy, Michigan, Altair has a global presence with offices in multiple countries, serving clients through a network of resellers and distributors.
Past deals in Industrial Engineering
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.
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.
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