Altair Engineering

General Information

We are a leading provider of enterprise-class engineering software enabling innovation across the entire product lifecycle from concept design to in-service operation. Our simulation-driven approach to innovation is powered by our broad portfolio of high-fidelity and high-performance physics solvers. Our 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.

Employees: 2000
Founded: 1985
Contact Information
Address 1820 E. Big Beaver Road, Troy, MI 48083, US
Phone Number (248) 614-2400
Web Address
View Prospectus: Altair Engineering
Financial Information
Market Cap $785.1mil
Revenues $319.4 mil (last 12 months)
Net Income $-3.2 mil (last 12 months)
IPO Profile
Symbol ALTR
Exchange NASDAQ
Shares (millions): 12.0
Price range $13.00 - $13.00
Est. $ Volume $156.0 mil
Manager / Joint Managers J.P. Morgan/ RBC Capital Markets/ Deutsche Bank Securities
CO-Managers William Blair/ Canaccord Genuity
Expected To Trade: 11/1/2017
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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