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Altair Engineering

Altair Engineering
1985 FOUNDED
PUBLIC STATUS
1K-5K EMPLOYEES
ALTR STOCK SYMBOL
24 INVESTMENTS
$37.32 SHARE PRICE (As of Friday Closing)
Description

Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of 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. The company operates through two reportable segments i.e. 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 the company's revenue comes from the United States.

Website
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Automation/Workflow Software
Other Industries
Business/Productivity Software
Other Software
Stock Exchange
NAS
Primary Office
  • 1820 East Big Beaver Road
  • Troy, MI 48083
  • United States
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Altair Engineering Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$25.28 - $43.99 $2.65B $37.01 $0.31 235K 71.1M

Altair Engineering Financials Summary

In Thousands,
USD
TTM
31-Mar-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 2,598,062 1,900,854 1,573,009
Revenue 432,507 396,379 333,333 313,240
EBITDA 55,816 41,958 (22,504) 25,947
Net Income 22,814 13,715 (99,407) 10,163
Total Assets 518,866 483,216 287,871 250,776
Total Debt 16,139 31,748 410 85,241
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Altair Engineering Valuation and Funding

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

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Altair Engineering Competitors (45)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Synopsys Corporation Mountain View, CA 00000 0000 000000000000 0000
00000 Formerly PE-Backed Canonsburg, PA 0000 000.00 00000000 000.00
00 & 0 00000000000 Corporate Backed or Acquired Rotkreuz, Switzerland 000000&0
000000 (0000000 00 Venture Capital-Backed Santa Clara, CA 00 000.00 00000000000 000.00
000000 00000000 Private Equity-Backed Austin, TX 0000 00.000 000000000 00.000
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Altair Engineering Investments & Acquisitions (24)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 13-Dec-2018 000000000000000000 00000 Other Software 00000 00000
00000000 17-Oct-2018 000000000000000000 Multimedia and Design Software 00000 00000
00000 00000000 03-May-2018 000000000000000000 Business/Productivity Software 00000 00000
000 0000000000000 21-Feb-2018 000000000000000000 Business/Productivity Software 000 0000000
Runtime (Automation Software) 28-Sep-2017 Merger/Acquisition 000.00 Automation/Workflow Software 00000 00000
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Altair Engineering Subsidiaries (12)

Company Name Industry Location Founded
Simsolid Multimedia and Design Software Mississauga, Canada 2015
00000000 Business/Productivity Software Madrid, Spain 0000
0000000000 000000 Application Software New York, NY 0000
00000 0000 0000000 Business/Productivity Software Athens, Greece 0000
00000000 Other IT Services UnterschleiƟheim, Germany 0000
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Altair Engineering Executive Team (40)

Name Title Board
Seat
Contact
Info
James Scapa Co-Founder, Chairman & Chief Executive Officer
Howard Morof Chief Financial Officer
Brett Chouinard Chief Operating Officer
Massimo Fariello Chief Strategy Officer
James Dagg Chief Technology Officer

2 Former Executives

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Altair Engineering Board Members (7)

Name Representing Role Since Contact
Info
James Brancheau Self Board Member 000 0000
Jan Kowal Self Board Member 000 0000
Louis Crain Self Board Member 000 0000
Martin Clague Self Board Member 000 0000
Steve Earhart Self Board Member 000 0000

1 Former Board Member

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