Altair revenue up 17% in Q2 – wow
Q2 was awesome across the CAE landscape. First ANSYS reported solid performance due large deals and sales across its portfolio and now, Altair reports that total revenue was up 17% (17!!! — we don’t see that very often), with software revenue up 22% (even...
Altair to sell more shares in follow-on to last year’s IPO
Altair has only been public for a couple of months but today announced that it’s filed the paperwork for a follow-on public offering of 5,600,000 shares of its Class A common stock, 3,292,580 shares of which will be offered by Altair and 2,307,420 shares offered...
Altair tops targets in Q1, acquires rest of FluiDyna
Altair made several significant announcement over the last week, culminating yesterday with its first quarter results. Quickly, Altair reported Q1 revenue that beat expectations, sending its share price up a couple of percentage points after the announcement hit the...
Altair acquires, extends its Carriots IoT the the edge
The pace of news this week … Altair Engineering just announced that it has acquired the intellectual property of CANDI Controls, Inc. and hired CANDI’s software and technology team. I hadn’t heard of CANDI Controls before, so did a little digging. CANDI,...
Quickie: Altair nabs ElectroFlo CFD for electronics cooling
Altair just announced that it has acquired TES International’s technology and intellectual property and hired founder Ben Zandi to lead its thermal solutions software development efforts. Dr. Zandi founded TES to address electronics cooling and today (yesterday?) the...
Altair continues buildout, buys developer of ESAComp
Altair just announced that it has acquired Componeering, the Finnish developer of the ESAComp composites simulation software suite. I didn’t know this, but Altair’s announcement says that ESAComp came out of a project funded by the European Space Agency...
Altair moves further into EDA with MODELiiS acquisition
Altair continues to expand its portfolio, yesterday adding MODELiiS, a French supplier of electronic design automation (EDA) software for circuit design and simulation. MODELiiS spun out of an entity called EASii IC, which develops Application-Specific Integrated...
Altair revs its rendering engine
Altair revs its rendering engine Altair announced today that it has acquired Solid Iris Technologies, maker of the Thea Render photorealistic rendering engine that’s already in use in Altair’s solidThinking Evolve concept design solution. Thea Render...
