Home / Knowledge / News / Information Technology / Altair to acquire EM Software & Systems
Altair to acquire EM Software & Systems
11
Dec '13
An agreement-in-principle has been reached between Altair and EMSS, pursuant to which Altair will acquire 100 percent of EM Software & Systems – S.A. (Pty) Ltd and its international distributor offices in the United States, Germany, and China.  The agreement is expected to close early in 2014.

Altair is a global leader in the solver market, offering OptiStruct, RADIOSS, MotionSolve, and AcuSolve within the HyperWorks suite of engineering simulation software. 

The addition of EMSS’ comprehensive electromagnetic solver FEKO will enhance the capabilities of the Altair offering, enabling further solver functionality for customers, particularly in the aerospace, automotive, and shipbuilding industries.

“This agreement reflects Altair’s resolve to continue to bring world-class technology to our customers, and demonstrates our long-term objective of organic growth, with strategic partnerships and acquisitions where it makes sense.  We are very pleased to integrate EMSS into the Altair family given its cutting-edge technology and knowledge of the electromagnetic (EM) domain,” said James R. Scapa, Chairman and Chief Executive Officer of Altair Engineering, Inc.

“EMSS employees will join existing Altair technology development and local support organizations.  Their expertise will help Altair to become a force in electromagnetic simulation,” said Dr. Uwe Schramm, Chief Technical Officer, Altair, responsible for solvers and optimization. 

“Integration of the FEKO suite of electromagnetic solutions with Altair HyperWorks will give our customers access to additional smart multiphysics and design optimization capabilities, for instance addressing coupled electromagnetic-thermal or electromagnetic-mechanical problems.”

“We are very excited to join forces with Altair and become part of a leading global engineering organization which shares our value system with respect to customer and employee satisfaction,” noted Dr. Ulrich Jakobus, original author of FEKO, Director and FEKO Product Manager, EMSS. 

“We look forward to broadening our electromagnetic portfolio and serving our customers even better with enhanced technical solutions and services, while retaining our world-class technical support.  Existing and future FEKO customers will benefit from the sharing of computer-aided engineering and high-performance computing knowledge between our teams and Altair.”

About Altair

Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance.  Privately held with more than 2,000 employees, Altair is headquartered in Troy, Michigan, USA and operates more than 40 offices throughout 20 countries.  Today, Altair serves more than 5,000 corporate clients across broad industry segments.

Altair


Must ReadView All

India's Kay Ventures aims to turn Karur into knitwear hub

Apparel/Garments | On 20th Aug 2018

India's Kay Ventures aims to turn Karur into knitwear hub

India’s Kay Ventures has teamed up with Hydra Micro Business...

Uzbekistan-China meeting discusses textile cooperation

Textiles | On 20th Aug 2018

Uzbekistan-China meeting discusses textile cooperation

A meeting of the Uzbek-Chinese business forum on cooperation in the...

Moldova wooing Indian investors in textiles, agriculture

Textiles | On 20th Aug 2018

Moldova wooing Indian investors in textiles, agriculture

Moldova is wooing Indian investors in textiles, agriculture and a few ...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Ramez Basmaji

Fabusse is a Lebanon-based fashion agency that offers a variety of...

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search