Company profile: Altair
1.1 - Company Overview
Company description
- Provider of enterprise analytics, engineering, and on-demand computing software that optimizes analysis, management, and visualization of business and engineering data. Solutions include HyperWorks for design exploration and simulation, RapidMiner for data analytics and AI, Altair One for cloud access to design and HPC, and Feko, Flux, and SimSolid for electromagnetic, electromechanical, and CAD assembly simulation without meshing.
Products and services
- Altair One: A cloud-based platform that delivers access to Altair’s design, modeling, visualization, and high-performance computing software for scalable engineering workflows
- Altair RapidMiner: An end-to-end data analytics and AI platform that orchestrates data ingestion, modeling, operationalization, and visualization for enterprise analytics initiatives
- Altair HyperWorks: An enterprise-grade design and simulation platform for engineers, enabling physics simulation, concept design, and AI-enhanced workflows for comprehensive analysis and design exploration
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Altair
GNT Systems
HQ: Germany
Website
- Description: Provider of MES and CAM system integration for the machining industry, offering bidirectional ERP interfaces, GNT.NET production data, monitoring, KPI/OEE key figure determination, service and maintenance, MES hardware, machine and production data acquisition, personnel time recording, detailed planning and control center, and workforce planning.
- 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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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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Forming Technologies
HQ: Canada
Website
- Description: Provider of manufacturing software solutions for the design, feasibility, and costing of sheet metal components, serving OEMs and suppliers in the automotive, aerospace, electronics, and appliance industries. Solutions help reduce material and labor costs; also offers engineering services.
- 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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GibbsCAM
HQ: United States
Website
- Description: Provider of PC-based CNC programming software for metal-cutting machines, offering machine and toolpath simulation and CAD interoperability. Products include GibbsCAM and modules GO Milling, GO Turning, GO MTM, and GO Swiss, plus GibbsCAM Copilot for AI-assisted optimization of complex machinery programming.
- 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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Atheer
HQ: United States
Website
- Description: Provider of the AiR (Augmented interactive Reality) smart glasses platform to enhance productivity and safety of deskless professionals at Fortune 1000 companies. Offerings include AiR Glasses and Android-based AiR, plus a Service Network Operations Platform, consistent quality and compliance, unified connectivity, superior customer experience, service excellence solutions, and service provider lifecycle management.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Atheer 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 Altair
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Buyer group 2: ████████ ████████
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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 Altair
2.2 - Growth funds investing in similar companies to Altair
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4 - Top valuation comps for Altair
4.2 - Public trading comparable groups for Altair
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