Altair Engineering to acquire Mecalog Group

BANGALORE: Altair Engineering, a provider of technology and services, today
announced that it has entered into an agreement to acquire the Mecalog Group and
its RADIOSS product family of Computer-Aided Engineering (CAE) software
technology. Headquartered in Antony, France, Mecalog is a developer of
transient, non-linear CAE technology to simulate safety related performance as
well as other impact events.



Under the terms of the acquisition, Mecalog's global sales force, software
development and support staff will also become part of Altair.



"The Mecalog acquisition will add a globally respected and talented software
development and sales organization to the Altair enterprise. There are many
cultural and technological similarities between Altair and Mecalog, making the
acquisition a natural fit. We look forward to welcoming Mecalog's employees,
customers and partners into the Altair family," said James R. Scapa, President
and CEO of Altair Engineering. "The addition of Mecalog's technology and
industry expertise will further strengthen Altair's technology portfolio for
Product Lifecycle Management (PLM)."



Following the acquisition of Mecalog, the Altair HyperWorks CAE technology suite
will contain robust solver solutions for linear, non-linear, fluid and fluid
structure interaction, structural optimization and multi-body dynamics
applications, while delivering best-in-class modeling, visualization and process
automation solutions.



With an ongoing commitment to an open-systems software philosophy, Altair will
continue to invest heavily and support independent software vendor (ISV)
relationships to ensure the highest level of integration with third-party
applications.



Francis Arnaudeau, chief technologist and co-founder of Mecalog, will join
Altair as managing director of the RADIOSS development organization. In this
role, he will continue to oversee RADIOSS software development and lead the
advancement of this technology.



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