;
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

Japanese capital pouring into textile, garments in Vietnam

Apparel/Garments | On 12th Dec 2018

Japanese capital pouring into textile, garments in Vietnam

Several Japanese companies, including Itochu and Sakai Amiori, are...

Chanel bans fur, exotic animal skins in its products

Fashion | On 12th Dec 2018

Chanel bans fur, exotic animal skins in its products

French fashion retailer Chanel recently announced it will stop using...

Apparel, footwear brands failing to tackle exploitation

Apparel/Garments | On 12th Dec 2018

Apparel, footwear brands failing to tackle exploitation

Apparel and footwear firms are failing to tackle exploitation of...

Interviews View All

Divyesh Mashruwala, Akshar Industries

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Md Hanifur Rahman, Aman Group

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Headhonchos, Textiles & allied industry

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Tina Antoniades,

Tina Antoniades

India-headquartered Lulu & Sky is a rapidly escalating brand with the...

Cem Erdogrul,

Cem Erdogrul

Turkey-based Temsan Air Engineering is one of the leading manufacturers of ...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

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

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions & Vertriebs Gmbh, founded in 1978 and headquartered ...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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


December 2018

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

news category


Related Categories:

Advanced Search