July 28, 2016 7:11 PM ET


Company Overview of Altair Engineering, Inc.

Company Overview

Altair Engineering, Inc. develops and applies simulation technology to synthesize and optimize designs, processes, and decisions for its clients. It offers HyperWorks, an open architecture CAE solution; solidThinking, a design software solution; PBS Works, a HPC workload management solution; and cloud solutions for businesses and enterprises. The company also provides services, such as product engineering, industrial design, technical staffing, HyperWorks solutions, and analytics solutions. It serves aerospace, architecture, engineering, construction, automotive and transportation, consumer products, electronics, energy, heavy industry, life sciences, and marine and shipbuilding industries. ...

1820 East Big Beaver Road

Troy, MI 48083

United States

Founded in 1985





Key Executives for Altair Engineering, Inc.

Chairman and Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Chief Technical Officer of Solvers/Optimization
European Chief Engineer of Altair ProductDesign
Compensation as of Fiscal Year 2016.

Altair Engineering, Inc. Key Developments

Altair and APWorks Team Up to Make Additive Manufacturing Reality for Customers

Altair and APWorks have recently entered a non exclusive partnership for additive manufacturing (AM) with two key areas of collaboration. A key area of collaboration is going to be joint, end-to-end consulting by Altair and APWorks to help companies explore the potential of additive manufacturing for their own applications through pilot projects and technology demonstrators. The offering will include screening and identification of applications, the redesign of components, quantification of potential levels of product performance improvements, printing and physical testing of prototypes up to serial production, and cost analysis and business case preparation.

Altair, RUAG and Morf3D Enter Non-Exclusive Partnership for Cooperation in Advancing Additive Manufacturing for Aerospace Applications

Altair, RUAG and Morf3D have recently entered a non-exclusive partnership for cooperation in advancing additive manufacturing (AM) for Aerospace applications. The partnership will address the full additive manufacturing process including design, analysis, build, test and certification. The partnership aims to offer a start-to-finish service primarily to the Aerospace industry for AM including space, propulsion, aircraft interior, and airframe applications. Other application areas will be pursued as opportunities present themselves. While working together jointly on publications, training, research, and technical papers, etc., to facilitate this cooperative effort, Altair will lead the provision of solid Thinking Inspire software for design and analysis, Morf3d will lead program management, part production, R&D and associated quality control and RUAG will take the lead on design, analysis, documentation, testing and certification. The team will use the AM facility Morf3D's Innovation Center which includes various DMLS systems and the test facilities at Ruag.

Altair Adds Multiscale Designer to the HyperWorks Software Suite

Altair has added Multiscale Designer to the HyperWorks Software Suite following the recent acquisition of MDS, LLC. Multiscale Designer is an efficient tool for the development and simulation of multiscale material models of continuous, woven, and/or chopped fiber composites, honeycomb cores, reinforced concrete, soil, bones, and various other heterogeneous materials. Multiscale technology is a way to tackle the design complexities inherent in composites and other multiphase materials without the expected computational overhead. This is achieved by substituting an over-refined single FE model with multiple interconnected and coarser FE models representing different length scales. This approach yields computational gains that can reduce computational time from hours to minutes, without loss of accuracy or flexibility. Applications include multiscale material modeling for design, ultimate failure, statistical-based material allowables, fatigue, fracture, impact, crash, environmental degradation, and multiphysics simulations and provides plugins to commercial FEA solvers such as OptiStruct, RADIOSS, LS-DYNA, and Abaqus. Multiscale Designer's unique feature is a systematic model reduction technology that simplifies complex unit cells with hundreds of thousands of finite elements, to a manageable number of deformation modes and state variables, eliminating the overhead of generating complex unit cell models and their linkage to macro-scale FEA solvers making multiscale modelling practical to implement for solving today's complex heterogeneous material simulations. Multiscale Designer features include: Develop multiscale material models using forward homogenization and inverse optimization technologies; built-in parametric unit cells for unidirectional, woven, chopped, and particulate fiber composites; simulate nonlinear material behavior including ultimate failure at the micro-scale; obtain virtual material allowables supported by test and perform fatigue analysis; and efficient plugins to commercial FEA codes OptiStruct, RADIOSS, LS-DYNA, and Abaqus.

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