Altair Engineering, Inc.

Description

TROY, Mich., June 24, 2014 – Altair acquired 100 percent of EM Software & Systems – S.A. (Pty) Ltd and its international distributor offices in the United States, Germany, and China this month. This development adds the FEKO ® solver to the HyperWorks ® suite and strengthens the Altair simulation offering in the aerospace, automotive, and shipbuilding industries in particular, reflecting the commitment of the company to provide comprehensive, best-of-breed solutions to its customers.

An industry leader since 1985, we have established our position by selecting the best and brightest talent, creating a world-class team of engineers and design consultants that share a high level of technical education and in-depth knowledge of products and processes. With offices in 19 countries, the thread throughout is the diversity of our people. Altair can be described as "entrepreneurial," with an intense focus on innovation. We are proud to say we enjoy working together and collaborating with our customers around the globe.

Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Privately held with more than 2,000 employees, Altair is headquartered in Troy, Michigan, USA and operates more than 40 offices throughout 20 countries. Today, Altair serves more than 5,000 corporate clients across broad industry segments. To learn more, please visit www.altair.com .

EMSS was founded in 1994 as a company consulting in electromagnetic field analysis and antenna design. Through consulting services EMSS identified the local and international need in the aerospace, naval and automobile industries for the simulation of antennas on electrically large platforms. The commercial code FEKO ( www.feko.info ) has some special features like hybrid methods catering for this market.

Altair's CAE cloud solutions capitalizes on our unique position in the industry and our experience in offering engineers and scientists the flexibility to run simulations. Users are able to run CAE simulations instantly on their desktops anywhere by leveraging our Hosted HyperWorks Units (HHWU). Customers can further extend their experience with enterprise capabilities to scale on-premise ( HyperWorks Unlimited ) or scale out to the cloud ( HyperWorks On-Demand ), while simultaneously keeping track of the entire simulation data with Altair's Simulation Cloud Suite.

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