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Altair Engineering Inc.

ALTR US

Altair Engineering Inc.USUnited States Composite
Business
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.

Company News

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  • Altair (ALTR) Buys Cambridge Semantics, Enhances AI Technology (Revised)

  • Altair (ALTR) Buys Cambridge Semantics, Enhances AI Technology (Revised)

  • Altair (ALTR) Buys Cambridge Semantics, Enhances AI Technology

  • Altair Announces Date of First Quarter 2024 Financial Results Conference Call

  • KBR's K-GreeN to Support Holmaneset Green Energy Project

  • Altair Acquires Cambridge Semantics, Powering Next-Generation Enterprise Data Fabrics and Generative AI

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  • Stratasys (SSYS) Inks 3D Printing Deal With Select Additive

  • RBC Capital Reaffirms Their Hold Rating on Altair Engineering (ALTR)

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  • AECOM (ACM) to Help Clients for U.S. EPA's Latest PFAS Study

  • KBR Secures $450M Contracts for U.S. Government Support

  • Altair to Showcase AI-Powered Engineering Capabilities at Hannover Messe 2024

  • KBR Wins Engineering Services Contract From First State Hydrogen

  • Altair Wins 2024 Google Cloud North America Partner of the Year Award for Diversity, Equity, and Inclusion

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  • AECOM (ACM) to be Lead Consultant & Designer for M80 Ring Road

  • Recent 3.1% pullback isn't enough to hurt long-term Altair Engineering (NASDAQ:ALTR) shareholders, they're still up 128% over 5 years

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