Altair Engineering Overview

  • Founded
  • 1985

Founded
  • Status
  • Public

  • Employees
  • 2,800

Employees
  • Stock Symbol
  • ALTR

Stock Symbol
  • Investments
  • 41

  • Share Price
  • $55.32

  • (As of Thursday Closing)

Altair Engineering General Information

Description

Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Most of its revenue comes from the software segment within the United States.

Contact Information

Website
www.altair.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Stock Exchange
NAS
Primary Office
  • 1820 East Big Beaver Road
  • Troy, MI 48083
  • United States
+1 (248) 000-0000

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Altair Engineering Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$55.32 $56.48 $48.20 - $82.96 $4.42B 79.9M 354K -$0.41

Altair Engineering Financials Summary

In Thousands,
USD
TTM 30-Jun-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 4,037,320 5,869,289 4,290,851 2,534,244
Revenue 554,541 532,179 469,921 458,915
EBITDA 21,453 37,421 37,436 31,281
Net Income (31,752) (8,794) (10,500) (7,542)
Total Assets 1,128,508 1,163,275 829,902 743,145
Total Debt 330,449 229,188 252,916 207,983
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Altair Engineering Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Altair Engineering Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product
Business/Productivity Software
Troy, MI
2,800 As of 2021
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Canonsburg, PA
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000.00
0000 000.00

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000000000000000000000 00000000
Irvine, CA
0000 As of 0000
00000
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000000&0 00000
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Altair Engineering Competitors (54)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ansys Formerly PE-Backed Canonsburg, PA 0000 000.00 0000 000.00
000 00000000 Formerly PE-Backed Irvine, CA 0000 00000 000000&0 00000
00000000 00000000 Corporation Vélizy-Villacoublay, France 00000 00000000
000 Corporation Walldorf, Germany 000000 00000 000000 - 000 00000
000000 000 00000 Corporate Backed or Acquired Troy, MI 000000&0
You’re viewing 5 of 54 competitors. Get the full list »

Altair Engineering Patents

Altair Engineering Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210081891-A1 Systems and methods for tracking beer kegs and other fluid vessels Pending 17-Sep-2019 00000000000
US-11256547-B2 Efficient allocation of cloud computing resources to job requests Active 31-May-2019 0000000000 00
US-20200379813-A1 Allocation of cloud computing resources Granted 31-May-2019 0000000000
EP-3694178-A1 Computer systems for regulating access to electronic content using usage telemetry data Pending 07-Feb-2019 0000000000
US-20200259839-A1 Computer systems for regulating access to electronic content using usage telemetry data Pending 07-Feb-2019 H04L63/102
To view Altair Engineering’s complete patent history, request access »

Altair Engineering Executive Team (51)

Name Title Board Seat Contact Info
James Scapa Chief Executive Officer & Chairman
Matthew Brown Chief Financial Officer
Stephanie Buckner Chief Operating Officer, Operations
Brett Chouinard Chief Product and Strategy Officer
Bill Nitzberg Chief Technology Officer, PBS Works
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Altair Engineering Board Members (13)

Name Representing Role Since
James Anderson Altair Engineering Board Member 000 0000
James Scapa Altair Engineering Chief Executive Officer & Chairman 000 0000
Jan Kowal Altair Engineering Board Member 000 0000
Mary Boyce Altair Engineering Board Member 000 0000
Richard Hart JD Self Board Member 000 0000
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Altair Engineering Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Altair Engineering Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Altair Engineering Investments & Acquisitions (41)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 00000 13-Jun-2022 0000000000 Business/Productivity Software
00000 06-Jun-2022 0000000000 Software Development Applications 00000 000
00000000 (000 03-Mar-2022 0000000000 Business/Productivity Software 00000 000
000000000000 28-Feb-2022 0000000000 Iron and Steel Mining
CassiniPLM 16-Feb-2022 Merger/Acquisition Business/Productivity Software 00000 000
You’re viewing 5 of 41 investments and acquisitions. Get the full list »

Altair Engineering Subsidiaries (20)

Company Name Industry Location Founded
Gen3D Software Development Applications Bath, United Kingdom 2018
0000000000 Business/Productivity Software Hyderabad, India 0000
0000000 Business/Productivity Software Cambridge, United Kingdom 0000
000000000 Multimedia and Design Software Guadalajara, Spain 0000
00000 0000 0000000 Business/Productivity Software Athens, Greece 0000
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Altair Engineering Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 00000 01-Jan-2000 000000000000000000 Completed
  • 000000 00000000000
Comdata Group Corporate Completed
To view Altair Engineering’s complete exits history, request access »