Announced
Completed
Financials
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Single Bidder
Germany
Completed
Friendly
engeneering services
software
Acquisition
Private
Software
Cross Border
Synopsis
Altair, a computational science and artificial intelligence company, completed the acquisition of Concept Engineering, a provider of electronic system visualization software. Financial terms were not disclosed. "Concept Engineering's advanced, reactive visualization technology is a best-in-class solution to help organizations accelerate their designs that have specific design architecture requirements, as well as rigorous service needs. Integrating this technology into our electronic system design suite will offer our customers comprehensive and fast visual representations of complex system models and debug capabilities for electronic systems," James R. Scapa, Altair Founder and CEO.
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