Altair Engineering
American simulation and HPC software company founded 1985 in Troy, Michigan; creator of the HyperWorks CAE platform; acquired by Siemens in 2025 for $10.6B.
Altair Engineering Inc. is an American multinational software company headquartered in Troy, Michigan, founded in 1985 by James R. Scapa, George Christ, and Mark Kistner. The company provides simulation, high-performance computing (HPC), data analytics, cloud solutions, and artificial intelligence tools for product design and engineering.
Its flagship product suite, Altair HyperWorks, includes HyperMesh for FEA pre- and post-processing, OptiStruct for structural optimization, and Altair Inspire for generative design. Altair serves customers across automotive, aerospace, defense, electronics, and manufacturing industries. The company went public on Nasdaq under ticker ALTR in 2017 and expanded through 29 acquisitions to broaden its portfolio in AI, IoT, and data analytics.
Altair has also supported FIRST Robotics Competition teams worldwide through dedicated software access programs. In 2025, Siemens acquired Altair for approximately $10.6 billion, integrating its simulation technologies into Siemens' digital industries portfolio.
Primary type & automation activities this supplier delivers:
Altair HyperWorks
Design and simulation platform offering AI-powered design and simulation in an open, unified environment for all industries.
Altair HPCWorks
HPC and cloud platform that maximizes compute-resource utilization for compute-intensive AI, modeling, simulation and visualization.
Altair RapidMiner
Data analytics and AI platform offering low- and no-code solutions that streamline collaboration and democratize data.
Altair One
Cloud innovation gateway giving collaborative access to simulation, data analytics and scalable HPC and cloud resources.
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Contact Altair Engineering
WEBSITE
https://web.altair.comHEADQUARTERS
United States
Company Facts
Founded
1985
Primary Role
Software/Algorithm
Company Size
-
Primary Region
North America
Annual Sales
-
Funding Stage
-
Funding Total
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