Equities

Altair Engineering Inc

Altair Engineering Inc

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  • Price (EUR)78.50
  • Today's Change1.00 / 1.29%
  • Shares traded20.00
  • 1 Year change+28.69%
  • Beta--
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About the company

Altair Engineering Inc. is a computational science and artificial intelligence company. The Company provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and artificial intelligence (AI). The Company operates through two segments: Software and Client Engineering Services. The 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. The Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise. The Company’s solution FlightStream, provides computational fluid dynamics (CFD) software with a footprint in the aerospace and defense sector.

  • Revenue in USD (TTM)619.58m
  • Net income in USD9.58m
  • 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
OmniQuest IncDeal completed02 Oct 202302 Oct 2023Deal completed36.96%--
OmniVDeal completed27 Jul 202327 Jul 2023Deal completed17.10%--
Data delayed at least 15 minutes, as of May 09 2024 21:00 BST.
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