Altair Engineering
| Type | Public |
| HQ | Troy, US |
| Founded | 1985 |
| Size (employees) | 2,400 (est) |
| Website | altair.com |
Altair Engineering was founded in 1985 and is headquartered in Troy, US
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Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Altair Engineering
Tom Perring
CFO
Uwe Schramm
CTO
Brett Chouinard
COO
Jeffery Brennan
Chief Marketing Officer
Martin Nichols
Chief Information Officer
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Altair Engineering Office Locations
Altair Engineering has offices in Melbourne, Nagoya-shi, Osaka, Wolpyeong-dong and in 60 other locations
Troy, US (HQ)
1820 E Big Beaver Rd
Austin, US
200N 7800 Shoal Creek Blvd
Bothell, US
320 3303 Monte Villa Pkwy
Burlington, US
208 70 Blanchard Rd
Glendale, US
101 5150 N Port Washington Rd
Hampton, US
310 100 Exploration Way
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Altair Engineering Financials and Metrics
Altair Engineering Revenue
Altair Engineering's revenue was reported to be $333.33 m in FY, 2017 which is a 6.4% increase from the previous period.
| USD | |
|---|---|
Revenue (Q2, 2018) | 187.3m |
Gross profit (Q2, 2018) | 128.8m |
Gross profit margin (Q2, 2018), % | 68.8% |
Net income (Q2, 2018) | 5.4m |
EBIT (Q2, 2018) | 6.4m |
Market capitalization (15-Oct-2018) | 2.4b |
Closing stock price (15-Oct-2018) | 34.1 |
Cash (30-Jun-2018) | 199.2m |
EV | 2.2b |
Altair Engineering's current market capitalization is $2.4 b.
Annual
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Net Income | 10.9m | 10.2m | (99.4m) |
Depreciation and Amortization | 8.4m | 10.0m | 11.7m |
Accounts Payable | 558.0k | (1.3m) | (1.1m) |
Cash From Operating Activities | 10.8m | 21.4m | 16.1m |
| USD | Y, 2018 |
|---|---|
EV/EBIT | 339.3 x |
EV/CFO | 58.6 x |
EV/FCF | 64 x |
Financial Leverage | 2.2 x |
Altair Engineering Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Runtime Design Automation | September 28, 2017 | |
| Altair Engineering Finland Oy | September 14, 2017 | |
| Carriots | May 30, 2017 | |
| MODELiiS | May 24, 2017 | |
| Solid Iris Technologies | September 14, 2016 | |
| CEDRAT SA | May 10, 2016 | |
| AWE Communications | April 11, 2016 | |
| EMSS | December 10, 2013 | |
| ACUSIM Software | January 10, 2011 | |
| SimLab | October 27, 2010 |
Altair Engineering Revenue Breakdown
Altair Engineering revenue breakdown by business segment: 14.0% from CES, 84.1% from Software and 2.0% from Other
Altair Engineering revenue breakdown by geographic segment: 15.1% from Other Countries (Asia Pacific), 11.5% from Japan, 6.2% from France, 14.9% from Germany, 48.7% from United States and 3.6% from Other
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Altair Engineering Online and Social Media Presence
5.89k Twitter followers
Altair Engineering has 5.89k Twitter Followers. The number of followers has increased 0.4% month over month and increased 0.4% quarter over quarter
12.15k Facebook likes
Altair Engineering has 12.15k Facebook Likes. The number of likes has increased 0.4% month over month and increased 0.6% quarter over quarter
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Altair Engineering News and Updates
September 21, 2018
Engineering Services Outsourcing (ESO) Global Market 2018: Key Players – Altair Engineering, Inc., Alten GmbH, Altran Technologies S.A, Aricent Group, ASAP Holding GmbH
Engineering Services Outsourcing (ESO) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022 Posted via Industry Today. Follow us on Twitter @IndustryToday
March 22, 2018
Altair Engineering: Lockup Expiration Concerns
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Altair Engineering Blogs
October 17, 2018
Identification of the Causes of Noise and Vibration in Piping Systems
This guest contribution on Innovation Intelligence is written by Katja Juschka, Marketing and Sales Manager at FLUIDON, developers of DSHplus. FLUIDON is a member of the Altair Partner Alliance. Most motorists are all too familiar with this undesirable phenomena: while parking the vehicle engine sta…
October 16, 2018
Altair’s 2018 Global Technology Conference Commences in Paris
The first day of Altair’s Global Technology Conference (ATC) 2018 just finished and what a day it was! With more that 870 registrations and over 600 people already joining today’s industry seminars and welcome reception, this conference sets out to break all records. The first ... Read More
The post…
October 15, 2018
Simulation-Driven Design and Manufacturing
“Any customer can have a car painted any color that he wants so long as it is black.” – Henry Ford (July 30, 1863 – April 7, 1947) Today, when I see a white car on the road, I can hardly tell what the exact color ... Read More
The post Simulation-Driven Design and Manufacturing appeared first on T…
October 10, 2018
Multiphysics Analysis of an Aircraft Radome
A variety of critical performance metrics can be predicted via simulation, including boresight error, transmission loss, bird-strike damage, and deflection under aerodynamic load. When it comes to aircraft design, engineers must meet standard requirements and consider every scenario. Would the ... R…
October 09, 2018
Accelerate your Development time with Open and Accessible Model-Based Development at the 2018 Global ATC
As evidenced by the agenda for this year’s Global ATC in Paris, France, more and more engineers are interested in Altair’s Model-Based Development technology, and many HyperWorks clients are already deriving value from it. On Day 1, over 80 participants ... Read More
The post Accelerate your Develop…
October 01, 2018
The Role of Simulation in Building the e-Mobility Revolution
Electrified, connected, autonomous, and shared are four mobility megatrends having game-changing effects on the automotive and transportations markets. These interconnected trends are converging and will drive more changes in the coming years – than what has happened in these markets ... Read More
T…
Altair Engineering Company Life and Culture
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