Company Description
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.
| Country | United States |
| Founded | 1985 |
| IPO Date | Nov 1, 2017 |
| Industry | Software - Application |
| Sector | Technology |
| Employees | 3,400 |
| CEO | James Scapa |
Contact Details
Address: 1820 East Big Beaver Road Troy, Michigan 48083 United States | |
| Phone | 248 614 2400 |
| Website | altair.com |
Stock Details
| Ticker Symbol | ALTR |
| Exchange | NASDAQ |
| Share Class | Class A Shares |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001701732 |
| CUSIP Number | 021369103 |
| ISIN Number | US0213691035 |
| Employer ID | 38-2591828 |
| SIC Code | 7372 |
Key Executives
| Name | Position |
|---|---|
| James R. Scapa | Founder, Chairman and Chief Executive Officer |
| Matthew Charles Brown M.D. | Chief Financial Officer |
| Stephanie Buckner | Chief Operating Officer |
| Srikanth Mahalingam | Chief Technology Officer |
| Nelson Dias | Chief Revenue Officer |
| Brian Gayle | Senior Vice President, Principal Accounting Officer and Chief Accounting Officer |
| Stephen Palmtag | Head of Investor Relations |
| Raoul Maitra | Chief Legal Officer |
| Amy Messano | Chief Marketing Officer |
| Gilma Saravia | Chief People Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jan 22, 2025 | 8-K | Current Report |
| Jan 16, 2025 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Jan 16, 2025 | 8-K | Current Report |
| Dec 20, 2024 | 144 | Filing |
| Dec 18, 2024 | DEFM14A | Filing |
| Dec 10, 2024 | 144 | Filing |
| Dec 4, 2024 | 144 | Filing |
| Dec 4, 2024 | 144 | Filing |
| Dec 4, 2024 | PREM14A | Filing |
| Nov 26, 2024 | 144 | Filing |