Altair Engineering Inc. (ALTR) is a publicly traded company in the Technology sector, operating within the Software - Infrastructure industry. The company is headquartered in Troy, MI, United States. The current CEO is James R. Scapa.
ALTR has IPO date of 2017-11-01, 3,500 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $9.63B.
Altair Engineering Inc. is a global software and cloud solutions provider specializing in simulation, high-performance computing, data analytics, and artificial intelligence. The company operates through two primary segments: Software, which includes solvers, optimization technology, HPC applications, modeling and visualization tools, data analytics products, and IoT platforms; and Client Engineering Services. Altair's integrated software suite optimizes design performance across disciplines including structures, fluids, thermal management, electromagnetics, and embedded systems, serving a diverse customer base of universities, government agencies, manufacturers, pharmaceutical firms, financial institutions, and electronics design companies. The company also develops LED lighting technology and solid-state lighting solutions as a replacement for fluorescent tubes. Founded in 1985 and headquartered in Troy, Michigan, Altair continues to support product design and development across aerospace, automotive, marine, chemical, and architecture industries.
