Altair Engineering Inc.
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ROIC.AI
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- Altair Engineering Inc. develops and provides software and cloud solutions for product lifecycle management, simulation, high-performance computing (HPC), Internet of Things (IoT), data analytics, and artificial intelligence (AI); its core offerings include the HyperWorks platform for computer-aided engineering with solvers for structures, fluids, electromagnetics, optimization, and visualization; the Altair One cloud innovation gateway for collaborative access to simulation, HPC, and AI tools; the RapidMiner platform for low- and no-code data science, machine learning, and analytics; the HPCWorks platform for managing compute-intensive workloads with AI-enabled job scheduling and GPU support; Inspire for simulation-driven design and topology optimization; as well as specialized technologies in computational fluid dynamics, manufacturing simulation, embedded systems, and digital twins. The company operates two primary segments, Software and Client Engineering Services, serving industries such as automotive, aerospace, electronics, energy, marine, life sciences, manufacturing, financial services, and healthcare with end-to-end solutions from design and analysis to AI-driven decision-making. Founded in 1985 and headquartered in Troy, Michigan, USA, Altair maintains global operations across more than 20 countries with a workforce exceeding 2,500 employees focused on computational intelligence. In recent developments, Altair completed its acquisition by Siemens AG in March 2025 for approximately $10.6 billion, integrating into Siemens Digital Industries to enhance the Siemens Xcelerator platform with advanced simulation, HPC, data science, and AI capabilities; it launched significant upgrades to HPCWorks in 2025 including expanded cloud scaling, Altair Units licensing, and AI job scheduling; established a 5G-6G Wireless Center of Excellence with L&T Technology Services; integrated with NVIDIA Omniverse for real-time digital twins; and supported the Altair Aerospace Startup Acceleration Program for innovators like JetZero targeting 2027 flights, alongside ongoing acquisitions such as Cambridge Semantics, Research in Flight, and Metrics Design Automation in 2024 to bolster knowledge graphs, CFD, and semiconductor verification.
Altair and JetZero Join Forces to Propel Aerospace Innovation
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Altair to Showcase Leading AI, Simulation, and HPC Technologies at Hannover Messe 2025
Altair Joins the Piedmont Aerospace Cluster
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Altair Announces Fourth Quarter and Full Year 2024 Financial Results
Altair Releases Altair® HyperWorks® 2025
Altair and LTTS Launch 5G-6G Wireless Center of Excellence to Shape the Future of Telecommunications Innovation
Altair Announces Future.Industry 2025 Global Event
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Altair Announces Next-Level Enhancements Within Altair® HPCWorks® 2025
2025 Altair Enlighten Award Open for Submissions
Altair and Cranfield University Sign MoU to Advance Use of Simulation, Data Analytics, and AI
Altair Engineering Inc. Stockholders Approve Proposed Merger with Siemens
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ALTAIR ENGINEERING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Altair Engineering Inc. - ALTR
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Altair® RapidMiner® Unlocks Next-Level Capabilities with Advanced AI Agent Framework