Core Insights - Altair and L&T Technology Services have launched a 5G-6G Wireless Center of Excellence (CoE) to enhance capabilities in various industries [1][2] - The CoE aims to address challenges such as connectivity breakdowns, high operational costs, and slower innovation cycles in sectors like telecommunications, automotive, manufacturing, and healthcare [3][4] Company Overview - Altair is recognized as a global leader in computational intelligence, providing software and cloud solutions in simulation, high-performance computing, data analytics, and AI [7] - L&T Technology Services (LTTS) is a global leader in engineering and technology services, offering design, development, testing, and sustenance services across various sectors [8] CoE Objectives and Initiatives - The CoE will leverage Altair's design and simulation tools alongside LTTS's domain expertise to unlock the potential of 5G and 6G technologies [3][4] - It will focus on initiatives such as network planning, enhancements to wireless connectivity, and the development of digital twins for 5G and 6G networks [9] Training and Collaboration - The CoE will provide hands-on training, workshops, and collaborative spaces to assist industries in adopting wireless technologies tailored to their specific challenges [5] - It aims to foster smarter infrastructure, drive operational efficiency, and improve decision-making processes across various industries [5]

Core Insights - Altair is hosting its flagship annual event, Future.Industry 2025, virtually on March 5-6, 2025, focusing on technology's impact on various sectors [1][2] - The event will feature prominent organizations such as NVIDIA, Microsoft, and Accenture, discussing trends in simulation, high-performance computing (HPC), artificial intelligence (AI), and data analytics [1][3] Event Structure - The event is designed for audiences of all levels, offering both high-level content and specialized presentations across various industries [4] - Day 1 and the first part of Day 2 will consist of a unified main session, while the latter part of Day 2 will include four parallel tracks [4] - The event will cover three time zones (Americas, EMEA, APAC) and provide live audio translations in eight languages [4] Featured Speakers - Notable speakers include industry leaders and analysts from companies like Google, Capgemini, and Forrester, emphasizing the event's diverse expertise [6] - The event will include tracks focusing on engineering and AI, enterprise AI adoption, HPC challenges, and preparing students for engineering and data science careers [6]

Altair knowledge graph solutions to help Adastra clients streamline decision-making and maximize the value of their dataTROY, Mich., Feb. 12, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has named Adastra GmbH, a leading global consultancy specializing in data-driven transformation, as a new channel partner for the EMEA region. Adastra will leverage its AI and integration expertise to help clients throughout the region implement Altair's knowledge graph solution ...

Core Insights - Altair has welcomed Meridian Flight Systems into its Aerospace Startup Acceleration Program (ASAP) to enhance the development of the Corra UAV and HERMES projects [1][2][3] Group 1: Collaboration Details - Meridian will utilize Altair's next-generation simulation, data analytics, and high-performance computing (HPC) software to optimize the design and performance of the Corra UAV and HERMES [1][3] - The collaboration aims to expedite the projects from conception to certification and deployment, demonstrating a commitment to advancing aerospace innovation [3][4] Group 2: Technical Support and Research - Altair will provide dedicated technical support to ensure effective application of its software in complex aerospace projects, including aerodynamics, structural integrity, aeroelastics, and thermal systems [5] - Both companies will engage in collaborative research initiatives, coauthoring research papers and presenting at industry conferences to share insights and new data derived from the projects [5]

Enhancements and new capabilities further bolster the market's leading HPC and cloud platformTROY, Mich., Feb. 5, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced game-changing new upgrades to Altair® HPCWorks®, its high-performance computing (HPC) and cloud platform. New tools and capabilities expand cloud scaling for Altair and third-party workload managers, integrate advanced monitoring and reporting, and beyond – including enhanced artificial intellige ...

Award spotlights the automotive industry's finest innovations in sustainable, lightweight designTROY, Mich., Feb. 4, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced that the 2025 Altair Enlighten Award is now open for submissions. Presented annually in conjunction with the Center for Automotive Research (CAR), the award honors the greatest sustainability and lightweighting advancements in the automotive industry that reduce carbon footprint, mitigate wate ...

Core Viewpoint - Altair Engineering Inc. has received approval from its stockholders for a merger agreement with Siemens Industry Software Inc., a subsidiary of Siemens AG, with the acquisition price set at $113.00 per share in cash [1][2]. Company Overview - Altair is recognized as a global leader in computational intelligence, providing software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI, aimed at enhancing organizational competitiveness and sustainability [3]. - Siemens AG is a leading technology company focused on industry, infrastructure, mobility, and healthcare, with a fiscal 2024 revenue of €75.9 billion and a net income of €9.0 billion [4]. Merger Details - The merger will result in Siemens Industry acquiring all outstanding shares of Altair's common stock, and following the transaction, Altair's securities will be delisted from public stock exchanges [2]. - The final voting results from the special meeting will be filed with the U.S. Securities and Exchange Commission (SEC) [1].

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Altair Engineering (ALTR) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Altair Engineering is one of 88 companies in the Construction group. The Construction group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the in ...

Platform empowers users to seamlessly build and deploy advanced AI agentsTROY, Mich., Dec. 18, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced that Altair® RapidMiner®, its data analytics and artificial intelligence (AI) platform, now empowers users to seamlessly build and deploy advanced AI agents. Organizations can leverage Altair RapidMiner to integrate generative AI (genAI) agents into their workflows, enabling transformative automation and operationa ...

Alexander Thamm GmbH to offer Altair® RapidMiner® platform to help EMEA customers drive data and AI innovationTROY, Mich., Dec. 16, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is pleased to name Alexander Thamm GmbH as a channel partner for the EMEA-based DACH region, consisting of Germany, Austria, and Switzerland. Alexander Thamm GmbH, a leading firm specializing in data and artificial intelligence (AI), will offer the full Altair® RapidMiner® data analytics ...