What is Altair's business focus and history?
Altair is a global technology company based in Troy, Michigan, founded in 1985 by James R. Scapa, George Christ, and Mark Kistner. It provides software and cloud solutions in simulation, high-performance computing, data analytics, and artificial intelligence. In March 2025, Altair was acquired by Siemens for $10.6 billion. The company has over 3,000 employees and serves industries such as automotive, aerospace, defense, electronics, and consumer goods.
Altair Corporate Details & Core Services
Altair is a global technology company providing software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and artificial intelligence (AI).
Altair Contact Information & Official Links
Website https://altair.com
Social
Email id info@altair.com
Phone number +1 248-614-2400
Head office address Troy, Michigan, United States
Tags
Simulation
High-Performance Computing
Data Analytics
Artificial Intelligence
Software
Cloud Solutions
What are Altair's Key Business Metrics & Stats?
No of employees 3000
Founded year 1985
Type public
SAICS CODE 7372
NAICS Code 511210
Industry Information Technology & Services
Location Troy, Michigan, United States
Parent Company siemens.com
Subsidiary Company
rapidminer.com
Stock Name ALTR (NASDAQ)
Other website altairengineering.com
Pricing Strategy Subscription-based, Perpetual Licensing
Altair
ALTR (NASDAQ)
Firmographic Snapshot
2026
1985
Founded Year
3000
Global Employees
United States
Headquarters
Information Technology & Services Industry
Public
Type
Verified by
DexterAgent.ai
How much funding has Altair raised to date?
Name
Description
Funding Amount
USD 10.6 Billion
Stage
Acquisition
Latest Valuation
10.6 Billion (USD)
Lead Investor
Siemens AG
Investors
Siemens AG
What are Altair's Core Products?
Name
Description
Altair HyperWorks
A comprehensive simulation platform for product design and development.
Altair HPCWorks
A platform maximizing the utilization of compute resources for AI, modeling, and simulation.
Altair RapidMiner
A data analytics and machine learning platform.
What are the latest developments at Altair?
Date
Type
Description
March, 2025
Acquisition
Altair acquired by Siemens for $10.6 billion.
June, 2025
Product Launch
Altair announces Altair HPCWorks 2025.
What industry awards and recognitions has Altair received?
Date
Type
Description
June, 2025
Recognition
Named a Leader in the 2025 Gartner Magic Quadrant for Data Science and Machine Learning Platforms.
May, 2025
Workplace Award
Named a Most Loved Workplace for Women in 2025.
Altair VS Ansys VS Dassault Systèmes VS PTC Inc. : 2026 Comparison
Feature
Altair
Ansys
Dassault Systèmes
PTC Inc.
Core Strengths Altair HyperWorks, Altair HPCWorks, Altair RapidMiner
Ansys Mechanical, Ansys Fluent, Ansys HFSS, Ansys Discovery, Ansys Granta MI
CATIA, SOLIDWORKS, DELMIA, ENOVIA, SIMULIA, 3DEXPERIENCE
Creo, Windchill, ThingWorx, Vuforia, Kepware
Founded Year 1985
1970
1981
1985
Stock Name/Ticker ALTR (NASDAQ)
ANSS (NASDAQ)
DSY (Euronext Paris)
PTC (NASDAQ)
Type public
public
public
public
Global Employees 3000
6500
25000
7642
Revenue (Annual) $665.8 Million(2024)
$2.5 Billion(2024)
$6.2 Billion(2024)
$1.9 Billion(2025)
Headquarters Troy, Michigan, United States
Canonsburg, Pennsylvania, United States
Vélizy-Villacoublay, Île-de-France, France
Boston, Massachusetts, United States
Latest Valuation $10.6 Billion
$35 Billion
$50.4 Billion
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
Ansys
2.5 | 6500
Dassault Systèmes
6.2 | 25000
PTC Inc.
1.9 | 7642
Competitive Landscape 2026
DexterAgent.ai
What are Altair's official legal and registration details?
Name
Description
Legal Name
Altair Engineering Inc.
Cin number
GST number
Registration number
000000000
Who is in Altair's executive leadership team?
Name
Designation
CEO
James R. Scapa
CFO
Matthew Brown
Where are Altair's primary office locations?
City
Country
Troy
United States
Seongnam
South Korea
Shanghai
China
Grenoble
France
What are the current business signals and market intelligence for Altair?
Spending next 3 months
Integration with Siemens, Product Development, Market Expansion
Pain points
Complex product design, Data management, High computational costs
Sales motion
Direct Sales, Channel Partners
Buyer Persona
Engineering Managers, Data Scientists, IT Directors
Type of customer
Automotive, Aerospace, Defense, Electronics, Consumer Goods
Key customer domain
airbus.com, boeing.com, ford.com
Annual ACV
$100,000 - $500,000
What is Altair's annual revenue history?
Year
Revenue (USD)
2024
665.8 Million
What are Altair's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
4.2
Glassdoor Rating
4.2
Saas
Yes
Offline Stores
No
Service
Yes
Ecommerce
No
Exporter
Yes
Mobile App
No
Retail
No
B2B
Yes
B2C
No
Manufacturing
No
Wholesale
No
Importer
No
