Welcome to our dedicated page for Altair Engineeri news (Ticker: ALTR), a resource for investors and traders seeking the latest updates and insights on Altair Engineeri stock.
Altair Engineering (ALTR) provides cutting-edge simulation software, high-performance computing (HPC), and AI-driven solutions that transform product design and operational efficiency across industries. This page serves as the definitive source for verified news and official announcements from Altair, offering stakeholders timely insights into the company’s strategic direction.
Access up-to-date press releases covering earnings reports, product innovations, strategic partnerships, and leadership updates. Investors and industry professionals can track developments in Altair’s core technologies, including advancements in simulation accuracy, cloud-based HPC scalability, and data analytics integration.
All content is curated to meet investor needs while maintaining technical relevance. Expect updates on regulatory filings, intellectual property milestones, and cross-sector applications in automotive, aerospace, and industrial manufacturing. Our neutral presentation ensures compliance with financial disclosure standards.
Bookmark this page for direct access to Altair’s verified announcements. Check regularly for insights into how the company’s engineering solutions address evolving market demands in digital transformation and sustainable design practices.
Altair (Nasdaq: ALTR) announced the acquisition of Ellexus, a top provider of I/O analysis tools, enhancing its HPC capabilities. The Ellexus products, Mistral and Breeze, will be integrated into Altair PBS Works™, improving I/O diagnostics for large enterprises. This acquisition expands Altair's reach in data analytics and modern workloads, supporting critical applications in AI and ADAS. Dr. Rosemary Francis, Ellexus's founder, will join Altair, further strengthening its technical expertise.
Altair (Nasdaq: ALTR) has announced the acquisition of Univa, a leader in enterprise-grade workload management and optimization solutions for high-performance computing (HPC) and artificial intelligence (AI). This strategic move aims to enhance Altair's capabilities in managing workloads across various industries, including life sciences and financial services. The integration of Univa's technology is expected to solidify Altair's leadership in the HPC space and improve service delivery for existing customers. Altair will invest further in Univa's products, particularly the Univa Grid Engine and Navops Launch, to optimize performance and reduce costs.
Altair (Nasdaq: ALTR) will host its 2020 Global Altair Technology Conference (ATC) virtually from October 5-7. The ATC connects industry experts to share innovations in data analytics, engineering, and computing, focusing on advancements in AI, robotics, and healthcare. Keynotes include leaders from Affectiva, Columbia University, and Zyrobotics. The conference promotes collaboration to help organizations adapt and thrive in a digital world. Registration is free, showcasing Altair's commitment to fostering innovation and education.
Altair (Nasdaq: ALTR) has renewed its OEM agreement with Hewlett Packard Enterprise (HPE), enhancing its Altair PBS Professional workload manager for HPE's HPC systems, including the HPE Apollo and Cray supercomputers. This collaboration aims to provide improved throughput, support for high-performance workloads, and optimized budget control. Altair's Chief Technology Officer emphasized the value delivered to HPC users through this partnership. The renewed commitment ensures immediate benefits from the latest PBS Professional functionalities.
Altair (NASDAQ: ALTR) announced that Howard Morof, CFO, and David Simon, CAO, will present virtually at the Deutsche Bank Technology Conference on September 14, 2020, at 10:05 a.m. ET. A live webcast and replay will be accessible on the company’s investor relations website. Altair is a global technology company specializing in software and cloud solutions for product design, high-performance computing, and data analytics, aiming to help organizations compete effectively and promote sustainability.
Altair (Nasdaq: ALTR) has joined the Avicenna Alliance, an international consortium dedicated to advancing healthcare through simulation technology. This partnership aims to enhance the development of new medicines and medical devices, making the process faster, more affordable, and ethically sound. Altair will apply its advanced simulation and data analytics expertise, promoting ‘in silico’ medicine while seeking global recognition for its advantages. The alliance, founded in 2016, fosters collaboration among industry, government, and academia to tackle the challenges of traditional pharmaceutical testing.
Altair (Nasdaq: ALTR) announced a significant update to its PBS Professional high-performance computing (HPC) workload manager, enhancing scheduling capabilities to increase throughput by up to tenfold. The update introduces a hierarchical scheduling system, enabling users to manage various workloads efficiently. Key features include massively high throughput scheduling, workload simulation, allocation management for budgeting, and cloud bursting via a user-friendly GUI. These advancements position PBS Professional to better meet the needs of dynamic operational environments.
Altair (Nasdaq: ALTR) announces the winners of the 2020 Altair Enlighten Awards, recognizing automotive innovations aimed at reducing vehicle weight and emissions. The awards highlight advances in lightweighting technologies, with winners including Harley Davidson, Toyota, and Mubea. Key achievements include a 90% reduction in mass for Harley's electric motorcycle and a 75% weight saving for Mubea's Tension Leaf Spring. The awards ceremony took place on August 4, 2020, showcasing Altair's commitment to sustainability and innovation in the automotive sector.
Altair (Nasdaq: ALTR), a global technology company, is set to release its second quarter 2020 financial results on August 6, 2020, post-market. The company will hold a conference call on August 7 at 8:30 a.m. ET to discuss these results. The call can be accessed live via phone or webcast and will include a recorded version available afterward. Altair specializes in software and cloud solutions across product development, high-performance computing, and data analytics, aiming to enhance organizational competitiveness and sustainability.
Altair (Nasdaq: ALTR) announced a multi-year technical partnership with Ducati Corse, enhancing the use of Altair's CAE software in Ducati's racing development. This partnership aims to give Ducati a competitive edge in MotoGP, where engineering precision is critical. The agreement focuses on key areas like aerodynamics and vehicle dynamics, allowing Ducati engineers to optimize designs efficiently. Altair's CEO emphasized the synergy between the two companies, aiming for innovation and excellence in motorcycle racing.
