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.

James Scapa

Founder, CEO and Chairman

Past deals in Simulation

Xscape Photonics

Series A in 2024
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.

Research In Flight

Acquisition in 2024
Research In Flight specializes in developing and providing advanced aerodynamic and hydrodynamic analysis tools tailored for aerospace engineering applications. Their key product, a surface vorticity flow solver, empowers users to create optimized designs for various vehicle types, from subsonic to transonic, by importing geometries from any commercial CAD/CAE software. This streamlines the process, reducing user input and enhancing the generation of high-fidelity surface meshes.

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.

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.

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.

Powersim

Acquisition in 2022
Powersim is a developer of electronic circuit simulation software specifically designed for the power electronics industry. The company provides a range of simulation and design tools, including offline simulation software, digital and analog control solutions, and prototyping services for digital control systems. By focusing on enhancing efficiency and productivity, Powersim aims to help customers reduce development costs and minimize time-to-market for their products.

M-Base

Acquisition in 2020
M-Base Engineering + Software GmbH, based in Aachen, Germany, specializes in providing material data and information systems tailored for the plastics industry. Founded in 1993, the company develops comprehensive software solutions that include a web-based plastics database that encompasses the entire international plastics market. This database integrates various resources, including the CAMPUS database, a tradename directory, and a literature database, alongside additional tools designed to aid designers and engineers in their material selection and calculations. M-Base operates as a subsidiary of Altair Engineering Inc., enhancing its capabilities in material science and engineering.

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.

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.

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.

Solid Iris Technologies

Acquisition in 2016
Solid Iris Technologies Ltd., founded in 2012 and based in Chaidari, Greece, specializes in photorealistic rendering and visualization solutions. The company offers Thea Render, a commercial software that features both biased and unbiased rendering engines, as well as the Presto engine, which leverages NVidia CUDA GPU technology for high-speed rendering. Additionally, Solid Iris provides Kerkythea, a freeware application designed for creating accurate physical renders, complete with tools for automating scene setup and material editing. As of September 2016, Solid Iris Technologies operates as a subsidiary of Altair Engineering, Inc., benefiting from a global distribution network for its software solutions.

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 provides software that integrates with finite element analysis (FEA) technologies, enabling users to address complex fluid-structure interactions and multi-physics challenges in various engineering and scientific applications. Through its innovative technologies, ACUSIM Software aims to enhance the efficiency and accuracy of simulations in the field of fluid dynamics.

SimLab

Acquisition in 2010
SimLab Corporation, based in Santa Margarita, California, specializes in providing highly automated finite element modeling solutions tailored for powertrain systems in the automotive and heavy equipment industries. The company offers advanced modeling and simulation software designed to aid in the development and optimization of automotive components, ensuring efficiency and performance. By focusing on the specific needs of the automotive sector, SimLab delivers innovative software services that support engineers and designers in creating reliable and effective powertrain systems.
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