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Altair Named Samsung Advanced Foundry Ecosystem Partner

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Altair (Nasdaq: ALTR) has been chosen as an electronic design automation (EDA) partner for the Samsung Advanced Foundry Ecosystem (SAFE™). This collaboration aims to integrate Altair's comprehensive EDA technology with Samsung Foundry's manufacturing capabilities, enhancing semiconductor design and production efficiency. Altair will provide various design and verification solutions, including chip design, analog circuit verification, production process simulation, and rapid debugging technology. Their FlowTracer™ visualization platform and integrated solutions like high-performance computing resource management, AI-based meta-scheduling, and data analytics will support market responsiveness and product development competitiveness.

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Positive

  • Altair's partnership with Samsung Foundry enhances its credibility and market position in the semiconductor industry.
  • Integration of Altair's EDA solutions with Samsung's manufacturing capabilities can lead to more efficient semiconductor design and production processes.
  • Offering of various design and verification solutions, including chip design and analog circuit verification, addresses comprehensive design requirements.
  • Introduction of Altair FlowTracer™ for digital circuit design flow can improve problem resolution and standardize complex design flows.

Negative

  • None.

News Market Reaction 1 Alert

-1.11% News Effect

On the day this news was published, ALTR declined 1.11%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Altair's EDA solutions enable verification from semiconductor design to production in one place, addressing various design requirements

SEOUL, South Korea, July 9, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has been selected as an electronic design automation (EDA) partner for the Samsung Advanced Foundry Ecosystem (SAFE™).

Through this collaboration, Altair and Samsung Electronics will combine Altair's comprehensive EDA technology with Samsung Foundry's manufacturing capabilities to establish a more innovative, more efficient semiconductor design and production process. 

"Integrated design and verification solutions are a key element in the semiconductor industry, which demands fast, high-quality production," said Doha Kim, country manager, Altair Korea. "By providing various design and verification solutions, Altair supports collaboration within the ecosystem, including with Samsung Foundry, design houses, and fabless companies, to enhance productivity and quality."

Altair was selected as a SAFE EDA partner for its diverse technological capabilities in providing various solutions needed for semiconductor design and verification, including silicon debugging tools. These solutions are used to meet and verify various design requirements for foundry customers by providing chip design, analog circuit verification, production process simulation, and rapid debugging technology.

Among these solutions is Altair® FlowTracer™, a visualization platform for digital circuit design flow that facilitates problem identification and resolution for library and process design kit (PDK) users through visualization. Additionally, it standardizes complex multi-structure design flows, enabling efficient management of semiconductor design and verification processes.

Within the partnership, Altair also plans to offer integrated solutions including high-performance computing (HPC) resource management, AI-based meta-scheduling technology, and data analytics solutions. Together, both companies aim to enhance market responsiveness and product development competitiveness to quickly handle large amounts of data. 

For more information, visit https://semiconductor.samsung.com/kr/events/foundry-events/.

About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com

Media contacts


Altair Corporate             

Altair Investor Relations

Bridget Hagan                 

Stephen Palmtag

+1.216.769.2658             

+1.669.328.9111

corp-newsroom@altair.com   

ir@altair.com



Altair Korea 


Iseul Jeong  


+82.70.4050.9210 


iseul@altair.com


 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/altair-named-samsung-advanced-foundry-ecosystem-partner-302191444.html

SOURCE Altair

FAQ

What is the stock symbol for Altair?

The stock symbol for Altair is ALTR.

When was Altair selected as a Samsung Advanced Foundry Ecosystem partner?

Altair was selected as a Samsung Advanced Foundry Ecosystem partner on July 9, 2024.

What benefits does Altair bring to the Samsung Advanced Foundry Ecosystem?

Altair provides comprehensive EDA technology, including chip design, analog circuit verification, and production process simulation.

What is Altair FlowTracer™?

Altair FlowTracer™ is a visualization platform for digital circuit design flow that facilitates problem identification and resolution.

How will Altair and Samsung's collaboration impact semiconductor design?

The collaboration aims to enhance semiconductor design and production efficiency by combining Altair's EDA technology with Samsung Foundry's manufacturing capabilities.

What integrated solutions does Altair plan to offer within the partnership?

Altair plans to offer integrated solutions including high-performance computing resource management, AI-based meta-scheduling technology, and data analytics.
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