Altair Engineering Altair Engineering Inc. is an American multinational information technology company headquartered in Troy, Michigan . They provide product design and engineering, enterprise services , data analytics , IoT and cloud computing . Altair was founded by James R Scapa, George Christ, and Mark Kistner in 1985.CAE software products.Organization Altair is divided into several business divisions, a few are Product Design , HyperWorks CAE Software , SmartWorks , Knowledge Works and PBS Works History Altair was established in 1985. In 1990, HyperMesh was released. In 1994, Altair receives IndustryWeek's "Technology of the Year" award for OptiStruct.Michigan .September 2010 , Altair purchased a Annex Facility in Troy , to initially house Altair's subsidiary ilumisys, Inc.In September 2011, Altair ProductDesign unveiled BUSolution , a hybrid hydraulic bus.Corporate acquisitions In July 2008, Altair acquired the Italian company that produces the "solidThinking" software. On 28 October 2010 , Altair announced their impending acquisition of SimLab Corporation. In early 2011, Altair acquired ACUSIM Software, with their CFD Solver, AcuSolve. In June 2014 , Altair acquired EM Software & Systems – S.A. Ltd. and its international distributor offices in the United States, Germany, and China, with their electromagnetic simulation software , FEKO . In July 2014 Altair acquired Visual Solutions, Inc. in order to enter the embedded market which was previously dominated by the MathWorks. In September 2016 , Altair acquired Solid Iris Technologies, creator of "Thea Render". In May 2017 , Altair acquired MODELiiS, an Electronic Design Automation company with modeling, conversion and simulation tools at the circuit/netlist level of abstraction , for integrated circuits and PCB/packaging, with bridges to system and multiphysics tools. In September 2017 , Altair acquired RunTime Design Automation , a company publishing software tools to manage EDA resources such as job scheduling , licence allocation, consistency and progress monitoring.
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