Altair Engineering Inc

Overview

Altair Engineering Inc (Altair Engineering) is a technology company that offers provides software and cloud solutions. It offers services in the area product development, high performance computing (HPC) and artificial intelligence. The company provides solutions which includes shysics simulation, data analytics, high performance computing, internet of things, design, modeling and visualization. Altair Engineering serves construction, automotive, transportation, aerospace, consumer, electronics, civil engineering, energy, financial, healthcare and other industries. The Company has operational presence in Asia, Europe and North America. Altair Engineering is headquartered in Troy, Michigan, the US.
Key Stats
Address
1820 E Big Beaver Rd, TROY, Michigan
Headquarters

United States of America

Contact

1 248 6142400

Website
www.altair.com
No of Employees

2,700

Industry

Technology and Communications

Ticker Symbol & Exchange​

ALTR [NASD]

Revenue (2020)

$470 m

2.4% (2020 vs 2019)
Net Income (2020)

$-10 m

-32.6% (2020 vs 2019)
Net Profit Margin

-2 %

-36% (2020 vs 2019)
Market Cap *

$5,601 m

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Altair Engineering IncSalesforce.Com IncVMware IncIntuit Inc
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City TROY SAN FRANCISCO PALO ALTO MOUNTAIN VIEW
Headquarter State/Province Michigan California California California
No. of Employees 2,700 56,606 34,000 10,600
Entity Type Public Public Public Public

Products & Services

Altair Engineering is a technology service provider. Key solutions offered by the company include the following

Services
  • Pre and Post Data Processing
  • Design, Modeling & Visualization
  • Physics Simulation
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Brands
  • OptiStruct
  • HyperMesh
  • SimLab
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
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History

Year Event Description
2021 Acquisitions/Mergers/Takeovers In August, the company acquired S-FRAME Software, a structural analysis software platform.
2021 Asset Purchase In February, the company acquired Flow Simulator software from GE Aviation.
2020 Acquisitions/Mergers/Takeovers In January, the company announced the acquisition of newFASANT, a Spain-based company.
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Locations


Ellexus Ltd

Address

St John’s Innovation Centre, Cambridge
United Kingdom

Telephone

44 1223 421646

Website

www.ellexus.com
Altair Engineering GmbH

Address

Calwer Strasse-7, Boblingen
Germany

Telephone

49 7031 62080

Website

www.altair.com
Polliwog Corporation

Address

6F SINDORICOH, 514-1, Yatap-dong, Bundang-gu, Gyeonggi-do, Seongnam-si
South Korea

Telephone

82 - 317124128

Website

www.polliwogeda.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
10 Aug 2021 Altair Engineering (Altair) Acquires S-FRAME Software Acquisition Altair Engineering Inc S-FRAME Software Inc.
24 Feb 2021 Altair Engineering Acquires Flow Simulator Software from GE Aviation Asset Transaction Altair Engineering Inc GE Aviation
08 Oct 2020 Altair Engineering Acquires M-Base + Software Acquisition Altair Engineering Inc M-Base Engineering + Software GmbH
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27 Jul 2020 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

280

Active Jobs

130

Posted

135

Closed

Job Trends

Latest Jobs

Job title Company Country
Development Engineer Altair Engineering Inc United States
Structural Design Engineer Altair Engineering Inc United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar