Altair
Global simulation and optimization software leader providing AI-powered portfolio for industrial simulation, HPC, data science, and AI—now part of Siemens (post-acquisition).
- CEO / Founder
- Dr. Pietro Cervellera
- Team Size
- 1001-5000
- Stage
- Acquired
- Total Funding
- $10.6B
- Latest Round
- Acquisition by Siemens AG
- Key Investors
- Siemens AG (Acquirer)
Technology & Products
Key Products
Altair HyperWorks (design/simulation), OptiStruct (topology optimization), Altair HPCWorks (HPC platform), Altair RapidMiner (data science), Altair One (cloud platform), 180+ products
Technological Advantage
Advanced topology optimization algorithms; integration with CAD workflows; cloud platform infrastructure; 16,000+ enterprise clients
Differentiation
Value Proposition
Industry-leading AI-powered simulation and topology optimization software enabling engineers to identify and redesign parts for additive manufacturing
How They Differentiate
Most comprehensive product portfolio; leading optimization algorithms; trusted by 16,000+ organizations; now integrated into Siemens' industrial software and AI portfolio.
Market & Competition
Target Customers
Engineers at large corporations (Boeing, Airbus, BMW, Ferrari, Ford, GE, Honeywell, NASA JPL, NVIDIA), aerospace suppliers, automotive manufacturers, industrial companies
Industry Verticals
Aerospace, Automotive, Defense, Electronics, Energy, Industrial Manufacturing
Competitors
ANSYS, Dassault Systèmes (CATIA), Siemens NX (pre-acquisition)
Growth & Milestones
Growth Metrics
16,000+ organizations globally; 180+ products in portfolio
Major Milestones
Acquired by Siemens; recognized as Gartner Magic Quadrant Leader (June 2024)
Notable Customers
Boeing, Airbus, BMW, Ferrari, Ford, GE, Honeywell, NASA JPL, NVIDIA