ALTR - Mergers and acquisitions

Flagship solution, FlightStream®, pushes the boundaries of modern computational techniques TROY, Mich., May 1, 2024 /PRNewswire/ -- Altair (NASDAQ:ALTR) a global leader in computational intelligence, announced it has acquired Research in Flight, maker of FlightStream®, which provides computational fluid dynamics (CFD) software with a large footprint in the aerospace and defense sector and a growing presence in marine, energy, turbomachinery, and automotive applications. FlightStream® is a user-friendly, yet powerful flow solver that bridges the gap between high-fidelity CFD si

Acquisition expands Altair's data analytics and AI offerings TROY, Mich., April 18, 2024 /PRNewswire/ -- Altair (NASDAQ:ALTR) a global leader in computational intelligence, acquired Cambridge Semantics, a modern data fabric provider and creator of one of the industry's leading analytical graph databases. Cambridge Semantics' graph-powered data fabric technology accelerates the creation of comprehensive enterprise knowledge graphs, integrating the complex web of structured and unstructured enterprise data together into a single, simplified view. Bringing together Cambridge Sema

TROY, Mich., Sept. 16, 2022 /PRNewswire/ -- Altair (NASDAQ:ALTR), a global leader in computational science and artificial intelligence (AI), has completed the acquisition of RapidMiner, a leader in advanced data analytics and machine learning (ML) software. RapidMiner's well-established desktop platform and new-to-market cloud platform (multi-tenant and SaaS ready) strengthens Altair's current end-to-end data analytics (DA) portfolio, which already offers customers the power to understand, transform, act on, and automate their data. Altair is well positioned to execute on the

Experienced technical team and robust technology will augment Altair One platform TROY, Mich., Feb. 16, 2022 /PRNewswire/ -- Altair (NASDAQ:ALTR), a global leader in computational science and artificial intelligence (AI), acquired Cassini, a next-generation cloud native technology for Industry 4.0. With the acquisition, Altair deepens its expertise and strengthens its ability to offer digital thread solutions via the Altair One cloud platform. A digital thread provides a 360-degree view of conceptualized product data, streamlines and accelerates new product development, and im

Acquisition enables customers to leverage the SAS language with modern languages like Python and open-source technologies to achieve best-in-class data analytics solutions TROY, Mich., Dec. 15, 2021 /PRNewswire/ -- Altair (NASDAQ:ALTR), the global leader converging simulation, HPC, and AI, today acquired World Programming, a UK-based technology company specializing in data analytics software used by many of the world's leading companies including financial services and insurance organizations. World Programming's platform supports development and execution of multi-language software solutions leveraging popular languages used in data science including Python, R, and the SAS language in a s

As an innovator in AEC structural simulation and certification for 40 years, S-FRAME Software is a leading advocate for the use of timber in building design TROY, Mich., Aug. 10, 2021 /PRNewswire/ -- Altair (NASDAQ:ALTR), the global leader converging simulation, HPC, and AI, today announced that it has acquired S-FRAME Software, a structural analysis software platform used by engineers to evaluate a structure's ability to withstand external loads (like wind, water, and snow) and meet design code requirements around the world. For more 30 years, high-end architectural clients

Altair and GE Aviation establish strategic engagement to pursue new opportunitiesTROY, Mich., Feb. 24, 2021 /PRNewswire/ -- Altair, (Nasdaq: ALTR) a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing (HPC), and artificial intelligence (AI), today announced that it has acquired Flow Simulator from GE Aviation. Flow Simulator is an integrated flow, heat transfer, and combustion design software, which enables mixed fidelity simulations to optimize machine and systems design. CAD-integrated 3D flow network model designed in Flow Simulator to solve challenging thermal management problem of an aerospace engine under co