PR Newswire
13 Jun 2022, 21 GMT+10
TROY, Mich., June 13, 2022 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), acquired Concept Engineering, the leading provider of electronic system visualization software that accelerates the development, manufacture, and service of complex electrical and electronic systems.
Concept Engineering provides automatic schematic generation tools, electronic circuit and wire harness visualization platforms that provide on-the-fly visual rendering, and electronic design debug solutions.
"Concept Engineering's advanced, reactive visualization technology is a best-in-class solution to help organizations accelerate their designs that have specific design architecture requirements, as well as rigorous service needs," said James R. Scapa, founder and chief executive officer, Altair. "Integrating this technology into our electronic system design suite will offer our customers comprehensive and fast visual representations of complex system models and debug capabilities for electronic systems."
Concept Engineering's electronic system visualization and semiconductor design debug technology is available as a standalone solution and is also tightly integrated into more than 40 OEM design automation (EDA) and CAD tools to provide end users with smart debugging functionality while saving months of engineering time and support for computer aided tool development teams.
Concept Engineering has customers in three primary market segments:
"With more than 30 years of experience, we are proud to have built tools and technologies that help electronic design engineers easily understand, debug, optimize, and document electronic designs," said Gerhard Angst, president and chief executive officer, Concept Engineering. "Being part of the Altair ecosystem will expand access to our tools at a time when the complexities surrounding electronic systems are greater than ever. We also look forward to continuing our deep and longstanding partnerships with our OEM clients."
Concept Engineering's software will be integrated into Altair's Electronic System Design suite and available via Altair Units, which gives customers easy access to Altair's entire portfolio of software solutions.
About Altair
Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world - all while creating a greener, more sustainable future. For more information, visit https://www.altair.com/.
Media contacts | |
Altair Corporate | Altair Investor Relations |
Jennifer Ristic | The Blueshirt Group |
+1.216.849.3109 | Monica Gould +1 212.871.3927 |
Altair Europe/The Middle East/Africa | |
Evelyn Gebhardt | |
+49 7031 6208 0 | |
SOURCE Altair
Get a daily dose of Sydney Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sydney Sun.
More InformationSYDNEY, NSW, Australia - Stocks in Asia traded sharply lower on Thursday, following on from major falls on Wall Street ...
BERLIN, Germany: A German Interior Ministry spokesperson has said that in a bid to relieve airports overwhelmed by staff shortages ...
PARIS, France: In a written statement made this week confirming a report from broadcaster RTL, France's energy ministry said the ...
NEW YORK, New York - Wall Street struggled to find its footing on Wednesday after Fed chief Jerome Powell vowed ...
WASHINGTON D.C.: Due to persistent shortages of agricultural chemicals that threaten yields, U.S. farmers have cut back on using common ...
WASHINGTON D.C.: Raytheon Technologies and Northrop Grumman have won U.S. contracts to develop missiles to intercept hypersonic weapons.The decision means ...
WATFORD, UK: Watford F.C. has cancelled a friendly match against the Qatar national team due to the Gulf country's human ...
ISTANBUL, Turkey: Turkish police detained dozens of people after local authorities banned Istanbul's annual Pride parade from going ahead this ...
PARIS, France: Amidst shortages and soaring prices caused by Russia's invasion of Ukraine and subsequent supply cuts, the heads of ...
WASHINGTON D.C.: In the latest in a series of sanctions aimed at further isolating Russia economically over its invasion of ...
MAGWAY, Myanmar - At least eight resistance fighters were killed on Wednesday when junta troops intercepted a truck they were ...
SHANGHAI, China: As Shanghai reports no new cases of Covid for the first time in two months, Shanghai's top communist ...