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. The agreement is expected to close early in 2014.
Altair is a global leader in the solver market, offering OptiStruct®, RADIOSS®, MotionSolve®, and AcuSolve® within the HyperWorks suite of engineering simulation software. The addition of EMSS’ comprehensive electromagnetic solver FEKO® will enhance the capabilities of the Altair offering, enabling further solver functionality for customers, particularly in the aerospace, automotive, and shipbuilding industries.
For more information about EMSS’ products, visit www.feko.info.