TROY, Mich., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, today released its financial results for the second quarter and six months ended June 30, 2024. “Altair maintained its strong trajectory during the second quarter, with software revenue and total revenue above the high end of guidance,” said James R. Scapa, founder, chairman, and chief executive officer, Altair. “Our Q2 results underscore the robustness of our software product lineup, which c ...

Complex fatigue analysis reduced development time for vehicle infotainment components by more than 20% TROY, Mich., July 31, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, and LG Electronics Vehicle component Solutions Company (LG VS Company) have collaborated to develop analysis solutions aimed at extending product lifespans. LG Electronics reduced the development time for their vehicle infotainment components by over 20% with the help of Altair® OptiStruct® – an ...

University to use the Altair® HyperWorks® and Altair® RapidMiner® platforms in groundbreaking electric propulsion digital twin projectTROY, Mich., July 23, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has signed a memorandum of understanding (MoU) with the U.K.-based University of Nottingham for a digital twin project within the aerospace sector. The digital twin—set to be the first of its kind—will not merely be a technology demonstrator, but a fully-fledged so ...

TROY, Mich., July 18, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will release its financial results for the second quarter ended June 30, 2024, after the market close on Thursday, August 1, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s second quarter 2024 results and third quarter and full year 2024 outlook. A recorded version of this webcast will be available after the call and acces ...

Live technology demos to focus on solutions in aerospace design, production, and maintenanceTROY, Mich., July 18, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will showcase its latest innovations in engineering simulation, artificial intelligence (AI), and high-performance computing (HPC) at the Farnborough International Airshow 2024, taking place July 22 to July 26 at the Farnborough International Exhibition and Conference Centre, U.K. Altair solutions are tran ...

Minsait to bring Altair's innovative data analytics, AI, and HPC solutions to the EMEA regionTROY, Mich., July 11, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is proud to announce Minsait as a new channel partner for the EMEA region. Minsait will offer Altair's innovative data analytics and artificial intelligence (AI) solutions to its customers throughout the EMEA region with the goal of bringing cutting-edge AI, data analytics, and high-performance computing ...

Latest enhancements solidify platform's status as the market's world-class environment for AI-powered simulation-driven innovationTROY, Mich., July 10, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced the release of Altair® HyperWorks® 2024, the market's leading platform for design and simulation. The latest release delivers significant advancements in artificial intelligence (AI)-powered engineering and business, mechanical and electronics systems design, ...

Altair's EDA solutions enable verification from semiconductor design to production in one place, addressing various design requirementsSEOUL, South Korea, July 9, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has been selected as an electronic design automation (EDA) partner for the Samsung Advanced Foundry Ecosystem (SAFE™).Through this collaboration, Altair and Samsung Electronics will combine Altair's comprehensive EDA technology with Samsung Foundry's manufac ...

Aitek to offer Altair's leading data analytics and AI solutions throughout Morocco, Ghana, Ivory Coast, Senegal, and CameroonTROY, Mich., July 3, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is thrilled to welcome Aitek as a new channel partner. Within the partnership, Aitek will offer Altair's leading data analytics and artificial intelligence (AI) solutions to its customers throughout the North, West, and Central African Regions. Altair welcomes Aitek as a ...

Altair Engineering Inc. (ALTR) entered into a deal to acquire Metrics Design Automation Inc., a Canadian company with a game-changing simulation as a service business model for semiconductor electronic functional simulation and design verification.Metrics digital simulator, DSim, and Altair's Silicon Debug Tools, together, will provide superior simulation and debug capabilities, thereby creating a world-class, advanced simulation environment in the EDA and semiconductor space.The cloud-based business model ...