Follow on Google News News By Tag Industry News Country(s) Industry News
Follow on Google News | Altair to Acquire EM Software & Systems – S.A. (EMSS)An agreement-in-principle has been reached between Altair and EMSS, pursuant to which Altair will acquire 100 percent of EM Software & Systems – S.A. (Pty) Ltd and its international distributor offices in the United States, Germany, and China.
By: EMSS FEKO “This agreement reflects Altair’s resolve to continue to bring world-class technology to our customers, and demonstrates our long-term objective of organic growth, with strategic partnerships and acquisitions where it makes sense. We are very pleased to integrate EMSS into the Altair family given its cutting-edge technology and knowledge of the electromagnetic (EM) domain,” said James R. Scapa, Chairman and Chief Executive Officer of Altair Engineering, Inc. “EMSS employees will join existing Altair technology development and local support organizations. Their expertise will help Altair to become a force in electromagnetic simulation,” “We are very excited to join forces with Altair and become part of a leading global engineering organization which shares our value system with respect to customer and employee satisfaction,” End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|