TROY — The Troy-based engineering technology developer Altair Engineering Inc. announced the acquistiion of the intellectual property of Oakland, Calif.-based Candi Controls Inc., a developer of technologies that connect Internet of Things devices and data to the services that create smart buildings. Altair also said it had hired Candi’s experienced software and technology team. Other
TROY - Engineering technology developer Altair Engineering says it has completed its acquisition of Grenoble, France-based Cedrat S.A. and its New York-based subsidiary, Magsoft Corp. Terms were not announced. In a news release, Altair said Cedrat is a developer of electromagnetic and thermal simulation software, used by manufacturers to accelerate the development of electric and
TROY - Altair Wednesday announced that FluiDyna has joined the Altair Partner Alliance, adding nanoFluidX and ultraFluidX to its software portfolio. Both software bring new capabilities to HyperWorks customers. nanoFluidX is based on a particle-based method for fluid flow simulation, and ultraFluidX applies the Lattice Boltzmann Method to study external aerodynamics. Both technologies utilize graphics
