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Altair Expands Electronic System Design Technology with Acquisition of Concept Engineering

TROY, Mich., June 13, 2022 /PRNewswire/ Altair(Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), acquired Concept Engineering, the leading provider of electronic system visualization software that accelerates the development, manufacture, and service of complex electrical and electronic systems. Concept Engineering provides automatic schematic generation tools, electronic circuit and wire harness visualization platforms that provide on-the-fly visual rendering, and electronic design debug solutions. "Concept Engineering's advanced, reactive visualization technology is a best-in-class solution to help organizations accelerate their designs that have specific design architecture requirements, as well as rigorous service needs," said James R. Scapa, founder and chief executive officer, Altair. "Integrating this technology into our electronic system design suite will offer our customers comprehensive and fast visual representatio

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