Altair Engineering Inc. (ALTR)
NASDAQ: ALTR · IEX Real-Time Price · USD
82.22
-0.10 (-0.12%)
Apr 22, 2024, 4:00 PM EDT - Market closed

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
Apr 5, 2024 ARS Filing
Apr 5, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Apr 5, 2024 DEF 14A Other definitive proxy statements
Apr 2, 2024 144 Filing
Mar 6, 2024 144 Filing
Mar 5, 2024 144 Filing
Feb 22, 2024 S-8 Securities to be offered to employees in employee benefit plans
Feb 22, 2024 10-K Annual Report
Feb 22, 2024 8-K Current Report
Feb 13, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals