Altair, also known as Altair Engineering, is a publicly owned company headquartered in the United States. Founded in 1985, with approximately 3,370 employees, the company reported $665.8M in revenue as of 2024. The company specializes in software development, offering software and cloud solutions in the areas of simulation, high-performance computing (HPC), and artificial intelligence (AI).
On July 29, 2026, Siemens released the latest version of its Simcenter software portfolio, which introduces AI-powered simulation GPU acceleration and more connected multiphysics workflows to help engineers evaluate designs faster. This release marks the first time Siemens and Altair simulation technologies are integrated into a unified portfolio. Previously, on July 18, 2026, Siemens announced that Altair is now part of its offerings, bringing trusted AI, data preparation, and analytics capabilities under Siemens. This integration includes Altair AI Studio, Monarch, and Panopticon, designed to help public sector organizations modernize data preparation, build AI solutions, and convert operational information into real-time insights.
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