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 developing photonic chips that enhance high-speed connections within data centers and high-performance computing systems. By harnessing photonics technology, the company offers scalable, energy-efficient solutions designed to facilitate advancements in AI, machine learning, and simulation hardware.

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 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.

Xscape Photonics

Seed Round in 2022
Xscape Photonics specializes in developing photonic chips that enhance high-speed connections within data centers and high-performance computing systems. By harnessing photonics technology, the company offers scalable, energy-efficient solutions designed to facilitate advancements in AI, machine learning, and simulation hardware.

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.

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.

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.

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.

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, 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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