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.
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 specializing in big data management and enterprise analytics software. It offers the Anzo Smart Data Lake, which features a universal semantic layer that enables organizations to semantically link and analyze a wide range of data types—both structured and unstructured—from various internal and external sources. This platform allows IT departments and business users to efficiently manage and explore their information assets at a large scale, significantly reducing implementation costs compared to traditional methods. By providing an open standard-based semantic layer and an enterprise-scale information fabric, Cambridge Semantics aims to enhance data collaboration and facilitate better decision-making across organizations.
OmniQuest
Acquisition in 2023
OmniQuest is a leading software company specializing in simulation optimization automation solutions tailored for the aerospace, automotive, and transportation industries. The company develops and markets design optimization tools that enable users to create connected workflows of components through a graphical interface. This innovative approach allows clients to accurately define each component within the workflow, facilitating the development of designs that are both ecological and economical.
Immersive Fox
Seed Round in 2023
Immersive Fox develops a text-to-video B2B service to generate video content for companies remotely. It also creates AI-generated microlearning videos from any text for learning management systems and corporate communication.
Riverlane
Series B in 2023
Riverlane is a business focused on developing quantum computing software and engineering instruments to enhance the performance of quantum computers. The company collaborates with quantum computer manufacturers to create essential hardware and software tools that address the challenges posed by unstable qubits and system defects. By designing an ultra-low latency quantum operating system, Riverlane accelerates quantum-classical hybrid algorithms, thereby advancing hardware research and development. Their algorithms are specifically engineered to optimize the utilization of the complete quantum computing stack, helping hardware partners mitigate the system errors that currently hinder the effectiveness of quantum computers. Through these innovative solutions, Riverlane aims to transform experimental quantum technologies into viable commercial products.
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 focuses on creating scalable, high-bandwidth solutions that are both energy-efficient and cost-effective. These chips facilitate improved connectivity among computing elements, significantly reducing power consumption while increasing the speed and efficiency of communications. Xscape Photonics' innovations support the advancement of applications in artificial intelligence, machine learning, and simulation hardware, positioning the company as a key player in the evolution of next-generation computing infrastructure.
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 that specializes in design software for additive manufacturing and provides training in design for additive manufacturing (DfAM). The company focuses on transforming the design process for components used in additive manufacturing by offering software solutions that help engineers create optimized components. Gen3D's tools aim to enhance design confidence from a manufacturing perspective, allowing companies to accurately predict and mitigate potential manufacturing issues. By facilitating the creation of highly efficient engineering components, Gen3D seeks to ensure that these components can be manufactured successfully on the first attempt, thereby streamlining production processes and reducing complications.
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 software company based in Romsey, Hampshire, England, founded in 2000. The company specializes in the development of the WPS platform, which is designed for data science, management, processing, and analytics. This platform enables users to handle large volumes of data through an intuitive drag-and-drop workflow alongside coding capabilities. It supports various data processing tasks, including daily operations and scheduled heavy-lifting tasks, ensuring reliable information delivery. The WPS platform features an integrated modular system that accommodates language modules and data engine modules, allowing for customized solutions and programmatic execution of scripts. This versatility helps organizations leverage data science effectively to benefit a wide range of stakeholders.
S-FRAME Software
Acquisition in 2021
S-Frame Software is a civil engineering company that specializes in providing structural engineering software services. The company develops 3D software designed to assist engineers in analyzing, designing, and detailing complex structures across various materials and loading conditions. Its software addresses nonlinear effects and adheres to diverse design code requirements, enabling engineers to assess a structure's capacity to withstand external forces such as wind, water, and snow. By offering tools that facilitate compliance with global design standards, S-Frame Software supports engineering professionals in their efforts to create safe and resilient structures.
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 specializes in developing input/output (I/O) analysis tools that assist organizations in identifying and resolving issues related to application performance. Founded in 2010 and based in Cambridge, United Kingdom, the company offers debugging software, monitoring applications, and profiling tools designed to enhance business processes across various industries. Ellexus's solutions focus on optimizing performance by eliminating bottlenecks and addressing rogue applications, ultimately improving speed and cloud readiness. The company serves high-performance computing (HPC) administrators in large enterprises, aiding in optimization checks and dependency detection. As of September 2020, Ellexus operates as a subsidiary of Altair Engineering Inc.
Univa
Acquisition in 2020
Univa is the innovator of workload management solutions that optimize throughput and performance of applications, containers and services. Univa manages workloads automatically by maximizing shared resources and enabling enterprises to scale compute resources across on-premise, hybrid and cloud infrastructures. Univa's solutions help hundreds of companies to manage thousands of applications and run billions of tasks every day to obtain actionable insights and achieve faster time-to-results. Univa is headquartered in Chicago, USA, with offices in Canada and Germany.
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 based in Guadalajara, Spain. The company provides advanced technology in computational and high-frequency electromagnetics, offering solutions for radar cross-section analysis, urban radio propagation scenarios, circuit analysis, and ray-tracing. By utilizing its software, newFASANT assists clients in studying antennas, radiation patterns, and sophisticated telecommunications systems, thereby enhancing their capabilities in various electromagnetic applications.
EDEM Simulation
Acquisition in 2019
EDEM develops and markets discrete element method (DEM) simulation software, which serves as a critical tool for simulation-based engineering in industries that handle bulk materials, including powders, granules, and aggregates. Its software is utilized across numerous sectors such as pharmaceuticals, food processing, mining, and construction, allowing companies to optimize equipment design and performance, reduce operational costs, and accelerate product development. Founded in 2003 and headquartered in Edinburgh, EDEM also has offices in Denver, Yokohama, and Shenzhen, facilitating direct sales in major markets and supporting a global network of engineering service partners. The company offers advanced simulation solutions, including the EDEM software platform and EDEM BulkSim, along with engineering support services, aimed at enhancing productivity and innovation for clients worldwide.
Polliwog
Acquisition in 2019
Polliwog Corporation, founded in 2000 and headquartered in Seongnam, South Korea, specializes in developing electronic design automation (EDA) software solutions for the global electronics industry. The company offers a comprehensive suite of tools to support the manufacturing of printed circuit boards and integrated circuits. Key products include PollEx PM for project management, PollEx PCB for physical design viewing, and PollEx Logic for logic design viewing, among others. These tools help users detect design errors, manage bill of materials, and ensure compliance with manufacturing and assembly rules, thereby reducing design iterations and overall project costs. Polliwog also provides maintenance and consulting services to further assist clients. 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 software enables fast, accurate, and robust structural simulations of large, fully featured CAD assemblies without the need for geometry simplification, cleanup, or meshing. This innovative approach allows users to perform structural analysis more efficiently. SIMSOLID operates on a subscription-based model and, as of October 2018, is a subsidiary of Altair Engineering Inc.
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. Established 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 for OpenFOAM, an open-source simulation tool. FluiDyna provides various simulation tools, such as ultraFluidX for predicting aerodynamic properties, nanoFluidX for simulating complex geometries, and aeroFluidX for analyzing internal and external flows. Additionally, the company develops integrated hardware solutions, including GPUs, servers, and workstations, alongside FPGA-based products for embedded real-time computing. FluiDyna's offerings cater to diverse applications, spanning computational finance, medical imaging, and bioinformatics. In 2008, the company rebranded from die ingenieurschmiede engineering services GmbH and is currently a subsidiary of Altair Engineering Inc.
Candi Controls
Acquisition in 2018
Candi Controls, Inc. is an early-stage company based in Lafayette, California, specializing in a cloud-based service that connects energy companies, telecommunications providers, multi-system operators, and manufacturers to a wide variety of devices used in homes and businesses. Candi addresses the complexities of today's networked environment, which is characterized by diverse communication methods, hardware platforms, and data formats. The company excels in facilitating machine-to-machine communications and integrating multiple systems, thus providing transparency and efficiency for businesses and their customers. Its platform utilizes an API, Drivers, and Interface Library to link products and protocols, enabling effective device control, monitoring, and data acquisition across various environments and manufacturers. Candi's target market includes service providers in the energy and telecommunications sectors, with a geographic focus on the Americas, Europe, the Middle East, and developed regions of Australasia. Through its solutions, Candi aims to enhance brand presence and deliver greater value to both commercial and residential clients.
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, Finland, specializes in the development of ESAComp, a composites simulation software. Originally founded as Componeering Inc. in 1989, the company rebranded in September 2017 after becoming a subsidiary of Altair Engineering, Inc. ESAComp is designed for structural analysis and the design of composite structures, and it is utilized across various industries, including aerospace, marine, automotive, rail transportation, alternative energy, and machinery. The software is supported by the European Space Agency (ESA), reflecting its significance in advanced composite applications.
Carriots
Acquisition in 2017
Carriots is a prominent online platform specializing in the development of Internet of Things (IoT) software applications. Originating as a spin-off from Wairbut, a company with over a decade of experience in IT solutions for large enterprises, Carriots offers a platform as a service (PaaS) tailored for IoT and machine-to-machine (M2M) projects across 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 devices. Additionally, Carriots provides cloud-based data analytics solutions, facilitating enhanced decision-making and operational efficiency for its users.
Solid Iris Technologies
Acquisition in 2016
solidThinking creates, develops, and markets technology that helps organizations make informed decisions and bring the most desirable products to market faster. solidThinking software is sold and supported by a global network of distribution partners and is also available as part of the Altair HyperWorks suite. solidThinking is a wholly owned subsidiary of Troy, Mich., (USA)-based Altair.
Awe Communications
Acquisition in 2016
AWE Communications GmbH (AWE) focuses on the development of software tools for wave propagation and radio network planning. The headquarters of AWE were located in Gärtringen, Germany and the R&D and sales team were part of the Software Centre 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. provides computational fluid dynamics solver solutions.
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.
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