Altair Acquires OmniQuest

October 2, 2023

Altair (Nasdaq: ALTR) acquired OmniQuest, a Novi, Michigan-based developer of Genesis, an advanced structural optimization and finite-element analysis software. The deal adds OmniQuest's optimization algorithms and expertise—used across automotive, motorsport (Formula 1) and aerospace applications—to Altair's simulation and AI product portfolio to strengthen its optimization capabilities.

Buyers
Altair
Targets
OmniQuest
Industry
Software
Location
Michigan, United States
Transaction Type
Buyout

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