Altair revenue up 11% in Q2 on strength in CAE

Altair revenue up 11% in Q2 on strength in CAE

Altair revenue up 11% in Q2 on strength in CAE Altair last night announced results for Q2 2022 — and exceeded expectations in just about all revenue categories. The details: Total Q2 revenue was $133 million, up 11% as reported and up 16% in constant currencies,...
Quickie: Altair expands electronic system offering by acquiring Concept Engineering

Altair snaps up Powersim for electronic systems design

Altair snaps up Powersim for electronic systems design Altair just announced that it has acquired Powersim, makers of simulation and design tools for power supplies, motor drives, control systems, and microgrids. I’ve come across Powersim for PSIM, their motor...
Quickie: Altair expands electronic system offering by acquiring Concept Engineering

Altair gets into PLM with Cassini acquisition

Altair gets into PLM with Cassini acquisition Altair just announced that it has acquired Cassini Systems, a cloud-native PLM platform. Cassini does many of the things you’d expect a PLM to do — vault, manage collaboration, etc.– but perhaps a...
Quickie: Altair expands electronic system offering by acquiring Concept Engineering

Quickie: Altair and Trimble acquire to expand their reaches

Quickie: Altair and Trimble acquire to expand their reaches Super quick, since it’s a busy day: Altair announced this morning that it has acquired World Programming, a company that makes data analytics software used in financial services and insurance. Altair...
Quickie: Altair expands electronic system offering by acquiring Concept Engineering

Altair adds S-FRAME for AEC structural designers

Super-quick, because it’s that kind of day: Altair just announced that it has acquired S-FRAME Software, a structural analysis tool used by architects, engineers, and designers to evaluate a structure’s ability to withstand loads like wind, water, and...
Altair revenue up 11% in Q2 on strength in CAE

Altair beats Q2 forecasts and raises 2021 guidance

Altair reported results last week — and like others in our PLMish universe, they were better than expected. The details: Total revenue in Q2 was $120 million, up 22% and $8 million ahead of expectations. Altair doesn’t do the constant currency thing for...