Altair Acquires Click2Cast for Casting Simulation
Adds casting simulation technology to its growing manufacturing solutions software portfolio
PARIS, Sept. 30, 2015 /PRNewswire/ -- Altair announced today the acquisition of Click2Cast, to which Altair will acquire 100 percent of Click2Cast's technology and employees. Altair will also now hold an office in Barcelona, Spain where Click2Cast is based. The addition of Click2Cast technology adds simple and quick casting simulation technology to the Altair suite of products. Having practical applications in both design and engineering, Click2Cast software will be made available through Altair's solidThinking and HyperWorks business lines. The technology has been available through the Altair Partner Alliance to HyperWorks users since 2013.
Click2Cast offers the easiest casting process simulation on the market, within an innovative and user-friendly interface. The software requires no special training and does not require the user to have an extensive technical background. It is a very effective and powerful design tool, with possible applications in a wide variety of industries.
"We are very excited to further our relationship and make Click2Cast part of Altair's software offering," said Martin Solina, general manager of Click2Cast. "This new agreement will allow us to provide even more powerful technological advantages and capabilities in one solution for our end users focused on the design and production of verified casted parts. We look forward to integrating Click2Cast with Altair's world-class software portfolio."
"We are excited to bring this dynamic team of individuals and best-in-class software [for casting] simulation into Altair. We plan to leverage their expertise and technology to develop new solutions for synthesizing innovative structures optimized for both performance and manufacturing feasibility," says James R. Scapa, Founder, Chairman and CEO of Altair.
About Altair
Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Privately held with more than 2,600 employees, Altair is headquartered in Troy, Michigan, USA and operates more than 45 offices throughout 24 countries. Today, Altair serves more than 5,000 corporate clients across broad industry segments. To learn more, please visit www.altair.com.
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SOURCE Altair
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