ALTR Stock - Altera Corp.

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Altair Engineering Inc., along with its subsidiaries, is a leading provider of software and cloud solutions specializing in simulation, high-performance computing (HPC), data analytics, and artificial intelligence (AI) globally. The company operates through two key segments: Software and Client Engineering Services. Within the Software segment, Altair offers a comprehensive suite of products encompassing solvers, optimization technologies, HPC software applications and hardware, modeling and visualization tools, data analytics, and IoT platform solutions. These technologies cater to diverse industries such as marine, aerospace, automotive, chemical, and architecture, supporting tasks ranging from computational fluid dynamics to manufacturing process simulation.

The Software segment also provides consulting, implementation, and training services that enhance product design and development capabilities, spanning from component-level analysis to complete product engineering across different lifecycle stages. Altair's Client Engineering Services segment delivers specialized engineering services to augment client capabilities, ensuring comprehensive support throughout the product development cycle.

Founded in 1985 and headquartered in Troy, Michigan, Altair Engineering continues to innovate in solid state lighting technology and communication protocols. Leveraging its intellectual property, the company focuses on advancing LED lamp technology to directly replace fluorescent light tubes. Altair's integrated software solutions optimize design performance across various domains including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems, serving a diverse client base ranging from universities and government agencies to multinational corporations in sectors like manufacturing, pharmaceuticals, financial services, and electronics design.

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