Troy-Based Altair to Expand in Greece and Israel

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Altair will open two offices in the Mediterranean: Altair Hellenic in Thessaloniki, Greece, and Altair Israel in Tel Aviv, Israel. The locations, announced Tuesday, will provide customers in the region with multi-disciplinary computer-aided engineering support for extrusion, stamping, forging, resin transfer molding, and crash simulations.

“Our offices in Greece and Israel will be very significant for Altair’s growth,” says James Scapa, chairman and CEO of Troy-based Altair. “The Hellenic region is particularly strong in the use of modeling and visualization tools, with a concentration of highly skilled talent. The Israeli region is a leader in the use of solvers, especially with respect to high-velocity impact and crash.”

Scapa says the Tel Aviv office will focus on defense applications, while Altair Hellenic will center on software development, benchmarking services, and engineering project support to European businesses.

Lazaros Tsioraklidis, who will oversee the Hellenic office, says Altair’s presence in Greece will provide an opportunity for the area to retain local talent.

“The uncertainty of the Greek economy has led many students to move to other countries to find a job,” Tsioraklidis says. “In this environment, it is the right time for a very stable company like Altair to begin offering career opportunities to local talent, including the excellent pool of engineering students and other very skilled engineers in and around Thessaloniki.”

Both offices, whose customers include Hellenic Aerospace, will maintain a focus on strategic software development in conjunction with leading universities and outside partners.

Altair has 2,000 employees in offices throughout North America, South America, Europe, and Asia Pacific.

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