Altair Engineering Inc. (ALTR)
NASDAQ: ALTR · IEX Real-Time Price · USD
89.73
-0.85 (-0.94%)
At close: Jul 19, 2024, 4:00 PM
91.00
+1.27 (1.42%)
Pre-market: Jul 22, 2024, 5:28 AM EDT

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.

Altair Engineering Inc.
Altair Engineering logo
Country United States
Founded 1985
IPO Date Nov 1, 2017
Industry Software - Infrastructure
Sector Technology
Employees 3,400
CEO James R. Scapa

Contact Details

Address:
1820 E. Big Beaver Road
Troy, Michigan 48083
United States
Phone 248-614-2400
Website altair.com

Stock Details

Ticker Symbol ALTR
Exchange NASDAQ
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 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
David L. Simon Senior Vice President of Investor Relations
Raoul Maitra Chief Legal Officer
Amy Messano Chief Marketing Officer
Gilma Saravia Chief People Officer

Latest SEC Filings

Date Type Title
Jul 16, 2024 D Notice of Exempt Offering of Securities
Jul 9, 2024 144 Filing
Jul 8, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jun 14, 2024 144 Filing
Jun 13, 2024 144 Filing
Jun 10, 2024 144 Filing
Jun 4, 2024 144 Filing
Jun 4, 2024 8-K Current Report
May 31, 2024 144 Filing
May 21, 2024 144 Filing