Altair Acquires Cassini to Accelerate Development of Digital Thread Technology

Troy, Michigan, February 16, 2022 – Altair, a world leader in computing science and artificial intelligence (AI), has acquired Cassini, the next-generation cloud technology for Industry 4.0. With the acquisition, Altair deepens its experience and strengthens its ability to offer digital streaming solutions through the Altair One cloud platform.

The digital thread provides an overview of conceptual product data, streamlines and accelerates new product development, and improves processes by creating a continuous experience between the digital and physical worlds.

“Cassini, led by the visionary founder and industry veteran of mechanical and electrical data management solutions Raguram Terra, brings to Altair innovative technology and an incredibly talented team.” said James R. Scapa, founder and CEO of Altair. “Once integrated, customers will gain a full understanding of digital streams in PLM value chain modeling, creating a differentiated journey and value for design engineers, modeling engineers, production engineers, HP data engineers and IT administrators. ”

The ability to manage high-precision system data of all types in engineering, quality, service and more is critical to fully unlocking the potential of artificial intelligence-based modeling. Best-in-class top-down and bottom-level simulation data management capabilities in the Altair One combined with Cassini applications and technologies provide a closed-loop validation and verification platform.

“We are proud to have created a unified, world-class cloud platform that simplifies and accelerates product development cycles and manages the entire product lifecycle from design to customer,” said Ragurom Redi Terra, Cassini. “Altair is a significant player in the PLM value chain, and it’s a natural and exciting opportunity for Cassini to join the Altair team.”

Cassini is based in Hyderabad, India.

About Altair

Altair is a world leader in computing science and artificial intelligence (AI), providing software and cloud solutions in modeling, high performance computing (HPC), data analytics and AI. Altair enables organizations in all fields to compete more effectively and make smarter decisions in a world that is becoming more connected, while creating a greener and more sustainable future. For more information, visit https://www.altair.com.


Source: Altair

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