Nasdaq Welcomes Altair Engineering Inc. (Nasdaq: ALTR) to The Nasdaq Stock Market
November 01 2017 - 1:02PM
Altair Engineering Inc. (Nasdaq:ALTR), a leading provider of
enterprise-class engineering software enabling innovation across
the entire product lifecycle from concept design to in-service
operation, rang the opening bell at the Nasdaq MarketSite in Times
Square today in celebration of its initial public offering (IPO) on
The Nasdaq Stock Market.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/c0ce9dcd-f6b9-48db-b2cf-6cf65f5ca6fb
Altair’s simulation-driven approach to innovation is powered by
their broad portfolio of high-fidelity and high-performance physics
solvers. Their integrated suite of software optimizes design
performance across multiple disciplines encompassing structures,
motion, fluids, thermal management, electromagnetics, system
modeling, and embedded systems, while also providing data analytics
and true-to-life visualization and rendering. The Company serves
businesses across industries requiring highly engineered products,
such as automotive, aerospace, heavy machinery, rail and ship
design.
“We are excited to join with Nasdaq in celebrating this
significant milestone, and recognize this is only made possible by
the dedication and support of our employees, customers and partners
worldwide,” said James R. Scapa, Chairman and CEO, Altair. “Helping
businesses unlock the full potential of their creativity and bring
their products to life effectively has been the core principle
Altair’s solutions have been built on. In beginning this new
chapter, we look forward to fortifying our position as a leader in
engineering software and redefining product design and
organizational decision-making through our simulation-driven
approach to innovation.”
“Altair fosters a company culture based on innovation and
transparency,” said Nelson Griggs, President of the Nasdaq Stock
Exchange. “We’re proud to welcome them to Nasdaq’s family of the
world’s most innovative companies as they continue to disrupt the
engineering industry with the technology of tomorrow.”
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About Nasdaq
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company services. Through its diverse portfolio of solutions,
Nasdaq enables customers to plan, optimize and execute their
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Media Relations Contact:
- Stephanie Lowenthal
- (646) 441-5073
- Stephanie.Lowenthal@nasdaq.com
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- Emily Pan
- (646) 441-5120
- emily.pan@nasdaq.com
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