Company profile: SolidThinking
1.1 - Company Overview
Company description
- Provider of software solutions for designers, engineers, architects, and scientists to accelerate product development. Offerings include Altair HyperWorks (design and simulation), Altair HPCWorks (HPC/cloud), Altair RapidMiner and AI Studio (data analytics/AI), Altair Inspire (simulation-driven design), and Altair PBS Professional (HPC workload management).
Products and services
- Altair HyperWorks: A comprehensive platform that delivers physics simulation, concept design, and AI products across multiple disciplines, accelerating product development for designers, engineers, architects, and scientists
- Altair Inspire: A simulation-driven design environment that allows users to generate and optimize designs for performance and manufacturability within product development
- Altair HPCWorks: A cloud-based, high-performance computing platform engineered to optimize computing resources and manage compute-intensive tasks for efficient execution of demanding workloads
Key contacts
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Financial details
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1.2 - Competitors and similar companies to SolidThinking
Cloud Milling
HQ: United Kingdom
Website
- Description: Provider of cloud-based machining software with an integrated tool library that tracks tool paths across workspaces, along with real-time visualization for following tool paths, tracking stock changes, and verifying material removal.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Xpedion
HQ: United States
Website
- Description: Provider of transistor-level simulation, analysis, and behavioral modeling solutions for radio frequency integrated circuit, wireless, and system-on-chip designers.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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CoLab
HQ: Canada
Website
- Description: Provider of a cloud-based design review and issue-tracking application for mechanical and product design teams, offering real-time collaboration tools to streamline manufacturing productivity and minimize project time lost due to poor communication during the design lifecycle.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Vero Software
HQ: United States
Website
- Description: Provider of CAD/CAM software that aids design and manufacturing processes, delivering solutions for the tooling, production engineering, sheet metal, metal fabrication, stone, and woodworking industries.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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View full Vero Software company profile →
SolidWorks
HQ: United States
Website
- Description: Provider of 3D software tools to create, simulate, publish, and manage data across aerospace, automotive, construction, consumer, engineering, manufacturing, education, government, galleries, energy, and more. Products include SOLIDWORKS 3D CAD, DraftSight, 3DEXPERIENCE Works Simulation, cloud services for SOLIDWORKS, subscription services, and SOLIDWORKS Visualize.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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View full SolidWorks company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for SolidThinking
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to SolidThinking
2.2 - Growth funds investing in similar companies to SolidThinking
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4 - Top valuation comps for SolidThinking
4.2 - Public trading comparable groups for SolidThinking
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