NASDAQ Framework: Altair Engineering Inc.
Software and cloud solutions for engineering 1.
1: Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan. View Source
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for applications in various industries. The Client Engineering Services segment provides client engineering services. Altair's integrated suite of software optimizes design performance across multiple disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves a diverse range of sectors, including universities, government agencies, manufacturers, and financial services, and is headquartered in Troy, Michigan 23.
2: Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan. View Source3: Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment. View Source
UNKNOWN
The provided facts do not contain specific information about whether Altair Engineering Inc. is still led by its founders or if the founders are heavily involved [f35805-f35796]UNKNOWN
The provided facts do not contain specific information about whether Altair Engineering Inc. is still led by its founders or if the founders are heavily involved [f35805-f35796].
The provided facts do not contain specific information about whether Altair Engineering Inc. is still led by its founders or if the founders are heavily involved [f35805-f35796]UNKNOWN
The provided facts do not contain specific information about whether Altair Engineering Inc. is still led by its founders or if the founders are heavily involved [f35805-f35796].
MEDIUM RISK
Altair Engineering Inc. demonstrates a mixed financial situation. While it has achieved a revenue growth rate of 4.14% as of March 31, 2024, this is lower than the average among its industry peers in the Information Technology sector 4. Additionally, the company's net margin of 9.57% and Return on Assets (ROA) of 1.21% are below industry standards, indicating challenges in profitability and asset utilization 56. Furthermore, the debt-to-equity ratio of 0.44 suggests a substantial amount of debt, which could pose potential financial challenges 7. These factors collectively place Altair Engineering Inc. in a medium risk category.
Altair Engineering Inc. demonstrates a mixed financial situation. While it has achieved a revenue growth rate of 4.14% as of March 31, 2024, this is lower than the average among its industry peers in the Information Technology sector 4. Additionally, the company's net margin of 9.57% and Return on Assets (ROA) of 1.21% are below industry standards, indicating challenges in profitability and asset utilization 56. Furthermore, the debt-to-equity ratio of 0.44 suggests a substantial amount of debt, which could pose potential financial challenges 7. These factors collectively place Altair Engineering Inc. in a medium risk category.
4: Revenue Growth: Altair Engineering's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 4.14%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector. View Source5: Net Margin: Altair Engineering's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 9.57%, the company may encounter challenges in effective cost control. View Source6: Return on Assets (ROA): Altair Engineering's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.21%, the company may encounter challenges in delivering satisfactory returns from its assets. View Source7: Debt Management: Altair Engineering's debt-to-equity ratio surpasses industry norms, standing at 0.44. This suggests the company carries a substantial amount of debt, posing potential financial challenges. View Source
8: Altair Signs MoU with the University of Nottingham to Develop Aerospace Digital Twin Project PR Newswire Jul 23, 2024 11:00am Altair Announces Date of Second Quarter 2024 Financial Results Conference Call GlobeNewswire Jul 18, 2024 8:05pm Altair to Showcase Cutting-Edge AI-Powered Engineering at Farnborough International Airshow 2024 PR Newswire Jul 18, 2024 7:00am Altair Releases Altair® HyperWorks® 2024 PR Newswire Jul 10, 2024 11:00am Altair Named Samsung Advanced Foundry Ecosystem Partner PR Newswire Jul 9, 2024 5:05am Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry GlobeNewswire Jul 1, 2024 11:01am Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry PR Newswire Jul 1, 2024 11:00am Altair Announces Material Collaboration with HP Inc. PR Newswire Jun 24, 2024 11:00am View Source9: CNW Group•yesterdayAltair Signs MoU with the University of Nottingham to Develop Aerospace Digital Twin ProjectAltair (Nasdaq: ALTR), a global leader in computational intelligence, has signed a memorandum of understanding (MoU) with the U.K.-based University of Nottingham for a digital twin project within the aerospace sector. The digital twin—set to be the first of its kind—will not merely be a technology demonstrator, but a fully-fledged solution the industry can use to rapidly design, validate, and test the electric propulsion systems of new aircraft or advanced air mobility (AAM) vehicles and/or to eGlobeNewswire•6 days agoAltair Announces Date of Second Quarter 2024 Financial Results Conference CallTROY, Mich., July 18, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will release its financial results for the second quarter ended June 30, 2024, after the market close on Thursday, August 1, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s second quarter 2024 results and third quarter and full year 2024 outlook. A recorded version of this webcast will be available after the caPR Newswire•6 days agoAltair to Showcase Cutting-Edge AI-Powered Engineering at Farnborough International Airshow 2024Altair (Nasdaq: ALTR), a global leader in computational intelligence, will showcase its latest innovations in engineering simulation, artificial intelligence (AI), and high-performance computing (HPC) at the Farnborough International Airshow 2024, taking place July 22 to July 26 at the Farnborough International Exhibition and Conference Centre, U.K. Altair solutions are transforming aerospace engineering and production processes.PR Newswire•14 days agoAltair Releases Altair® HyperWorks® 2024Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced the release of Altair® HyperWorks® 2024, the market's leading platform for design and simulation. The latest release delivers significant advancements in artificial intelligence (AI)-powered engineering and business, mechanical and electronics systems design, and simulation-driven design and optimization.PR Newswire•15 days agoAltair Named Samsung Advanced Foundry Ecosystem PartnerAltair (Nasdaq: ALTR), a global leader in computational intelligence, has been selected as an electronic design automation (EDA) partner for the Samsung Advanced Foundry Ecosystem (SAFE™).Zacks•22 days agoAltair (ALTR) Intends to Buy Metrics, Expands in the EDA MarketAltair (ALTR) benefits from strategic acquisitions, solid investments in engineering artificial intelligence and rising demand for its differentiative products.GlobeNewswire•23 days agoAltair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA IndustryFlagship product, DSim, is the first-of-its-kind EDA simulation as a service solutionTROY, Mich., July 01, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation Inc. (Metrics), a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design veriZacks•29 days agoAltair (ALTR) Enhances 3D Printing Capabilities With HP DealAltair (ALTR) bridges the gap in 3D printing design and production with HP collaboration.PR Newswire•last monthAltair Announces Material Collaboration with HP Inc.Altair (Nasdaq: ALTR), a global leader in computational intelligence, has signed an agreement with HP Inc. in which HP will provide Altair with proprietary material information that will bolster the Altair® Material Data Center™, which enables designers, engineers, and scientists to browse, search, and compare materials in a standalone application or through the interface of their simulation and optimization tools. The collaboration will help break down traditional barriers to 3D printing adoptiPR Newswire•last monthAltair Named a Leader in the June 2024 Gartner® Magic Quadrant™ for Data Science and Machine Learning PlatformsAltair (Nasdaq: ALTR), a global leader in computational intelligence, today announced that it has been positioned by Gartner as a Leader in the Magic Quadrant for Data Science and Machine Learning Platforms for its offering, Altair® RapidMiner®. The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute. View Source
Altair Engineering Inc. is strategically expanding its product offerings and market presence from 2024 through 2026 by focusing on several key initiatives. The company has recently released Altair® HyperWorks® 2024, which delivers significant advancements in AI-powered engineering and simulation-driven design 1011. Additionally, Altair is enhancing its capabilities in the electronic design automation (EDA) market through the acquisition of Metrics Design Automation Inc., which offers a first-of-its-kind simulation as a service solution 121314. The company is also strengthening its 3D printing capabilities through a collaboration with HP Inc., aimed at improving material data and breaking down barriers to 3D printing adoption 151617. These initiatives, combined with Altair's ongoing commitment to innovation in high-performance computing and AI, position the company for sustained growth and technological leadership in the coming years.
10: Altair Signs MoU with the University of Nottingham to Develop Aerospace Digital Twin Project PR Newswire Jul 23, 2024 11:00am Altair Announces Date of Second Quarter 2024 Financial Results Conference Call GlobeNewswire Jul 18, 2024 8:05pm Altair to Showcase Cutting-Edge AI-Powered Engineering at Farnborough International Airshow 2024 PR Newswire Jul 18, 2024 7:00am Altair Releases Altair® HyperWorks® 2024 PR Newswire Jul 10, 2024 11:00am Altair Named Samsung Advanced Foundry Ecosystem Partner PR Newswire Jul 9, 2024 5:05am Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry GlobeNewswire Jul 1, 2024 11:01am Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry PR Newswire Jul 1, 2024 11:00am Altair Announces Material Collaboration with HP Inc. PR Newswire Jun 24, 2024 11:00am View Source11: CNW Group•yesterdayAltair Signs MoU with the University of Nottingham to Develop Aerospace Digital Twin ProjectAltair (Nasdaq: ALTR), a global leader in computational intelligence, has signed a memorandum of understanding (MoU) with the U.K.-based University of Nottingham for a digital twin project within the aerospace sector. The digital twin—set to be the first of its kind—will not merely be a technology demonstrator, but a fully-fledged solution the industry can use to rapidly design, validate, and test the electric propulsion systems of new aircraft or advanced air mobility (AAM) vehicles and/or to eGlobeNewswire•6 days agoAltair Announces Date of Second Quarter 2024 Financial Results Conference CallTROY, Mich., July 18, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will release its financial results for the second quarter ended June 30, 2024, after the market close on Thursday, August 1, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s second quarter 2024 results and third quarter and full year 2024 outlook. A recorded version of this webcast will be available after the caPR Newswire•6 days agoAltair to Showcase Cutting-Edge AI-Powered Engineering at Farnborough International Airshow 2024Altair (Nasdaq: ALTR), a global leader in computational intelligence, will showcase its latest innovations in engineering simulation, artificial intelligence (AI), and high-performance computing (HPC) at the Farnborough International Airshow 2024, taking place July 22 to July 26 at the Farnborough International Exhibition and Conference Centre, U.K. Altair solutions are transforming aerospace engineering and production processes.PR Newswire•14 days agoAltair Releases Altair® HyperWorks® 2024Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced the release of Altair® HyperWorks® 2024, the market's leading platform for design and simulation. The latest release delivers significant advancements in artificial intelligence (AI)-powered engineering and business, mechanical and electronics systems design, and simulation-driven design and optimization.PR Newswire•15 days agoAltair Named Samsung Advanced Foundry Ecosystem PartnerAltair (Nasdaq: ALTR), a global leader in computational intelligence, has been selected as an electronic design automation (EDA) partner for the Samsung Advanced Foundry Ecosystem (SAFE™).Zacks•22 days agoAltair (ALTR) Intends to Buy Metrics, Expands in the EDA MarketAltair (ALTR) benefits from strategic acquisitions, solid investments in engineering artificial intelligence and rising demand for its differentiative products.GlobeNewswire•23 days agoAltair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA IndustryFlagship product, DSim, is the first-of-its-kind EDA simulation as a service solutionTROY, Mich., July 01, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation Inc. (Metrics), a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design veriZacks•29 days agoAltair (ALTR) Enhances 3D Printing Capabilities With HP DealAltair (ALTR) bridges the gap in 3D printing design and production with HP collaboration.PR Newswire•last monthAltair Announces Material Collaboration with HP Inc.Altair (Nasdaq: ALTR), a global leader in computational intelligence, has signed an agreement with HP Inc. in which HP will provide Altair with proprietary material information that will bolster the Altair® Material Data Center™, which enables designers, engineers, and scientists to browse, search, and compare materials in a standalone application or through the interface of their simulation and optimization tools. The collaboration will help break down traditional barriers to 3D printing adoptiPR Newswire•last monthAltair Named a Leader in the June 2024 Gartner® Magic Quadrant™ for Data Science and Machine Learning PlatformsAltair (Nasdaq: ALTR), a global leader in computational intelligence, today announced that it has been positioned by Gartner as a Leader in the Magic Quadrant for Data Science and Machine Learning Platforms for its offering, Altair® RapidMiner®. The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute. View Source12: Altair Signs MoU with the University of Nottingham to Develop Aerospace Digital Twin Project PR Newswire Jul 23, 2024 11:00am Altair Announces Date of Second Quarter 2024 Financial Results Conference Call GlobeNewswire Jul 18, 2024 8:05pm Altair to Showcase Cutting-Edge AI-Powered Engineering at Farnborough International Airshow 2024 PR Newswire Jul 18, 2024 7:00am Altair Releases Altair® HyperWorks® 2024 PR Newswire Jul 10, 2024 11:00am Altair Named Samsung Advanced Foundry Ecosystem Partner PR Newswire Jul 9, 2024 5:05am Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry GlobeNewswire Jul 1, 2024 11:01am Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry PR Newswire Jul 1, 2024 11:00am Altair Announces Material Collaboration with HP Inc. PR Newswire Jun 24, 2024 11:00am View Source13: CNW Group•yesterdayAltair Signs MoU with the University of Nottingham to Develop Aerospace Digital Twin ProjectAltair (Nasdaq: ALTR), a global leader in computational intelligence, has signed a memorandum of understanding (MoU) with the U.K.-based University of Nottingham for a digital twin project within the aerospace sector. The digital twin—set to be the first of its kind—will not merely be a technology demonstrator, but a fully-fledged solution the industry can use to rapidly design, validate, and test the electric propulsion systems of new aircraft or advanced air mobility (AAM) vehicles and/or to eGlobeNewswire•6 days agoAltair Announces Date of Second Quarter 2024 Financial Results Conference CallTROY, Mich., July 18, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will release its financial results for the second quarter ended June 30, 2024, after the market close on Thursday, August 1, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s second quarter 2024 results and third quarter and full year 2024 outlook. A recorded version of this webcast will be available after the caPR Newswire•6 days agoAltair to Showcase Cutting-Edge AI-Powered Engineering at Farnborough International Airshow 2024Altair (Nasdaq: ALTR), a global leader in computational intelligence, will showcase its latest innovations in engineering simulation, artificial intelligence (AI), and high-performance computing (HPC) at the Farnborough International Airshow 2024, taking place July 22 to July 26 at the Farnborough International Exhibition and Conference Centre, U.K. Altair solutions are transforming aerospace engineering and production processes.PR Newswire•14 days agoAltair Releases Altair® HyperWorks® 2024Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced the release of Altair® HyperWorks® 2024, the market's leading platform for design and simulation. The latest release delivers significant advancements in artificial intelligence (AI)-powered engineering and business, mechanical and electronics systems design, and simulation-driven design and optimization.PR Newswire•15 days agoAltair Named Samsung Advanced Foundry Ecosystem PartnerAltair (Nasdaq: ALTR), a global leader in computational intelligence, has been selected as an electronic design automation (EDA) partner for the Samsung Advanced Foundry Ecosystem (SAFE™).Zacks•22 days agoAltair (ALTR) Intends to Buy Metrics, Expands in the EDA MarketAltair (ALTR) benefits from strategic acquisitions, solid investments in engineering artificial intelligence and rising demand for its differentiative products.GlobeNewswire•23 days agoAltair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA IndustryFlagship product, DSim, is the first-of-its-kind EDA simulation as a service solutionTROY, Mich., July 01, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation Inc. (Metrics), a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design veriZacks•29 days agoAltair (ALTR) Enhances 3D Printing Capabilities With HP DealAltair (ALTR) bridges the gap in 3D printing design and production with HP collaboration.PR Newswire•last monthAltair Announces Material Collaboration with HP Inc.Altair (Nasdaq: ALTR), a global leader in computational intelligence, has signed an agreement with HP Inc. in which HP will provide Altair with proprietary material information that will bolster the Altair® Material Data Center™, which enables designers, engineers, and scientists to browse, search, and compare materials in a standalone application or through the interface of their simulation and optimization tools. The collaboration will help break down traditional barriers to 3D printing adoptiPR Newswire•last monthAltair Named a Leader in the June 2024 Gartner® Magic Quadrant™ for Data Science and Machine Learning PlatformsAltair (Nasdaq: ALTR), a global leader in computational intelligence, today announced that it has been positioned by Gartner as a Leader in the Magic Quadrant for Data Science and Machine Learning Platforms for its offering, Altair® RapidMiner®. The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute. View Source14: Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry View Source15: Altair Signs MoU with the University of Nottingham to Develop Aerospace Digital Twin Project PR Newswire Jul 23, 2024 11:00am Altair Announces Date of Second Quarter 2024 Financial Results Conference Call GlobeNewswire Jul 18, 2024 8:05pm Altair to Showcase Cutting-Edge AI-Powered Engineering at Farnborough International Airshow 2024 PR Newswire Jul 18, 2024 7:00am Altair Releases Altair® HyperWorks® 2024 PR Newswire Jul 10, 2024 11:00am Altair Named Samsung Advanced Foundry Ecosystem Partner PR Newswire Jul 9, 2024 5:05am Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry GlobeNewswire Jul 1, 2024 11:01am Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry PR Newswire Jul 1, 2024 11:00am Altair Announces Material Collaboration with HP Inc. PR Newswire Jun 24, 2024 11:00am View Source16: CNW Group•yesterdayAltair Signs MoU with the University of Nottingham to Develop Aerospace Digital Twin ProjectAltair (Nasdaq: ALTR), a global leader in computational intelligence, has signed a memorandum of understanding (MoU) with the U.K.-based University of Nottingham for a digital twin project within the aerospace sector. The digital twin—set to be the first of its kind—will not merely be a technology demonstrator, but a fully-fledged solution the industry can use to rapidly design, validate, and test the electric propulsion systems of new aircraft or advanced air mobility (AAM) vehicles and/or to eGlobeNewswire•6 days agoAltair Announces Date of Second Quarter 2024 Financial Results Conference CallTROY, Mich., July 18, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will release its financial results for the second quarter ended June 30, 2024, after the market close on Thursday, August 1, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s second quarter 2024 results and third quarter and full year 2024 outlook. A recorded version of this webcast will be available after the caPR Newswire•6 days agoAltair to Showcase Cutting-Edge AI-Powered Engineering at Farnborough International Airshow 2024Altair (Nasdaq: ALTR), a global leader in computational intelligence, will showcase its latest innovations in engineering simulation, artificial intelligence (AI), and high-performance computing (HPC) at the Farnborough International Airshow 2024, taking place July 22 to July 26 at the Farnborough International Exhibition and Conference Centre, U.K. Altair solutions are transforming aerospace engineering and production processes.PR Newswire•14 days agoAltair Releases Altair® HyperWorks® 2024Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced the release of Altair® HyperWorks® 2024, the market's leading platform for design and simulation. The latest release delivers significant advancements in artificial intelligence (AI)-powered engineering and business, mechanical and electronics systems design, and simulation-driven design and optimization.PR Newswire•15 days agoAltair Named Samsung Advanced Foundry Ecosystem PartnerAltair (Nasdaq: ALTR), a global leader in computational intelligence, has been selected as an electronic design automation (EDA) partner for the Samsung Advanced Foundry Ecosystem (SAFE™).Zacks•22 days agoAltair (ALTR) Intends to Buy Metrics, Expands in the EDA MarketAltair (ALTR) benefits from strategic acquisitions, solid investments in engineering artificial intelligence and rising demand for its differentiative products.GlobeNewswire•23 days agoAltair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA IndustryFlagship product, DSim, is the first-of-its-kind EDA simulation as a service solutionTROY, Mich., July 01, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation Inc. (Metrics), a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design veriZacks•29 days agoAltair (ALTR) Enhances 3D Printing Capabilities With HP DealAltair (ALTR) bridges the gap in 3D printing design and production with HP collaboration.PR Newswire•last monthAltair Announces Material Collaboration with HP Inc.Altair (Nasdaq: ALTR), a global leader in computational intelligence, has signed an agreement with HP Inc. in which HP will provide Altair with proprietary material information that will bolster the Altair® Material Data Center™, which enables designers, engineers, and scientists to browse, search, and compare materials in a standalone application or through the interface of their simulation and optimization tools. The collaboration will help break down traditional barriers to 3D printing adoptiPR Newswire•last monthAltair Named a Leader in the June 2024 Gartner® Magic Quadrant™ for Data Science and Machine Learning PlatformsAltair (Nasdaq: ALTR), a global leader in computational intelligence, today announced that it has been positioned by Gartner as a Leader in the Magic Quadrant for Data Science and Machine Learning Platforms for its offering, Altair® RapidMiner®. The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute. View Source17: Altair (ALTR) Enhances 3D Printing Capabilities With HP Deal View Source