Altair Acquires S-FRAME Software

August 10, 2021

Altair (Nasdaq: ALTR) has acquired S-FRAME Software, a British Columbia–based structural analysis and design software company founded in 1981, to strengthen Altair's presence in the Architecture, Engineering and Construction (AEC) market. The acquisition combines S-FRAME's finite element and code-compliance capabilities with Altair's simulation, HPC and optimization platform, and S-FRAME products will be offered via Altair Units subscription licensing.

Buyers: Altair
Targets: S-FRAME Software
Industry: Software
Location: British Columbia, Canada
Transaction Type: Buyout

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