Troy-based Altair has announced plans to acquire Westford, Mass.-based Visual Solutions, creator of VisSim, a visual language used for mathematical modeling, simulation, and model-based embedded system development. By combining computer hardware and software, embedded systems can be found in smart phones, automobiles, industrial machines, and myriad other products.
“Product innovation is increasingly driven by embedded systems, prompting higher demand for powerful development and testing tools,” says Michael Hoffmann, senior vice president of math and systems at Altair. “Visual Solutions has been at the forefront of this domain for over 20 years.”
Hoffman says the transaction, announced Thursday and expected to close by the end of July, is a logical extension of Altair’s commitment to simulation-driven design. More than 250,000 scientists and engineers use the program in projects including aerospace, hydropower, data communications, and biomedical applications.
“Partnering with Altair will bring current and future VisSim users many benefits, including integration with a world-class engineering organization and software portfolio,” says Peter Darnell, president and owner of Visual Solutions. “Moreover, Altair’s steadfast commitment to elite customer service and technical support mirrors our own and bodes well for the future.”
The transaction comes on the heels of Altair’s June acquisition of EM Software & Systems, which has offices in the U.S., Germany, and China. The deal gave Altair access to Feko, a simulation solver used in applications such as antenna design, antenna placement, and radio frequency components.
Altair has more than 2,000 employees and operates more than 40 offices throughout 22 countries, serving more than 5,000 clients across multiple industry segments.