Altair Acquires Gen3D

Altair Acquires OmniQuest

October 2, 2023

Software

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.

Siemens Acquires Altair Engineering

March 26, 2025

Software

Siemens AG has completed the acquisition of Altair Engineering Inc. for an enterprise value of approximately USD 10 billion. The deal adds Altair's capabilities in mechanical and electromagnetic simulation, high-performance computing (HPC), data science and AI to Siemens' Xcelerator platform, strengthening Siemens' industrial software and digital twin offerings.

Siemens Acquires Atlas 3D

November 14, 2019

Cloud & SaaS

Siemens has acquired Atlas 3D, a Plymouth, Indiana startup that developed Sunata, a cloud-based, GPU-accelerated metal 3D printing optimization software. Atlas 3D will join Siemens Digital Industries Software to enhance Siemens' additive manufacturing software capabilities and accelerate customers' ability to produce high-quality metal parts.

Agile Space Industries Acquires Tronix3D

June 10, 2021

Manufacturing

Agile Space Industries acquired metal additive manufacturer Tronix3D and will integrate and rebrand the business as Agile Additive to internalize metal 3D printing capabilities. The deal expands Agile's in-house manufacturing and IP for exotic metal alloys to accelerate development and production of high-performance aerospace components.

IMG Companies Acquires Altair Technologies

January 2, 2020

Manufacturing

IMG Companies, LLC acquired Altair Technologies, Inc. and concurrently recapitalized the company with management and private equity firm Addison Capital Partners. The acquisition brings Altair's furnace brazing, high-vacuum component manufacturing and metallurgical engineering capabilities into the IMG platform to expand capabilities across aerospace, defense, semiconductor and medical device end markets.

Altair Acquires Cambridge Semantics

April 18, 2024

Data & Analytics

Altair (Nasdaq: ALTR) has acquired Cambridge Semantics, a provider of knowledge graph-powered data fabric and analytical graph database technology, and will integrate the technology into the Altair RapidMiner platform. The acquisition brings knowledge graph, data governance, data virtualization, and data discovery capabilities to Altair's analytics and data science offerings to accelerate enterprise knowledge graphs and support generative AI use cases.