Equities

Altair Engineering Inc

Altair Engineering Inc

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  • Price (EUR)101.00
  • Today's Change2.00 / 2.02%
  • Shares traded645.00
  • 1 Year change+53.03%
  • Beta--
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About the company

Altair Engineering Inc. is a computational science and artificial intelligence company. It provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and artificial intelligence (AI). It operates through two segments: Software and Client Engineering Services. Software segment includes software, software services, and software-related services. The software component of this segment includes its portfolio of software products, including its solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products. Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise. Its solution, FlightStream, provides computational fluid dynamics (CFD) software with a footprint in the aerospace and defense sectors. It also offers strategic consulting and training in AI and data analytics.

  • Revenue in USD (TTM)644.66m
  • Net income in USD32.85m
  • Incorporated2017
  • Employees3.20k
  • Location
    Altair Engineering Inc1820 E Big Beaver RdTROY 48083-2031United StatesUSA
  • Phone+1 (248) 614-2400
  • Fax+1 (248) 614-2411
  • Websitehttps://www.altair.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
ALTR:NSQ since
announced
Transaction
value
Metrics Design Automation IncAnnounced01 Jul 202401 Jul 2024Announced7.26%--
Research in Flight IncDeal completed01 May 202401 May 2024Deal completed30.76%--
Data delayed at least 15 minutes, as of Nov 22 2024 21:00 GMT.
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