Items Tagged with 'altair'

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Sony acquires Altair Semiconductor, Israeli innovator of LTE modem chip technology

Sony Corp. has reached an agreement with Altair Semiconductor and its major shareholders to acquire the company. The purchase price is $212 million (approximately 25 billion yen), and Sony expects to complete the acquisition in early February 2016. Altair, an Israel-based company, owns modem chip technology and related software for LTE (Long Term Evolution), a 4G cellular standard for mobile devices. Altair develops and sells products focused on LTE technology, and its modem chips stand out for their low power consumption, high performance and competitive cost.


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Altair Engineering launches in South Africa after recent EMSS acquisition

 Altair Engineering, a U.S. based engineering company, recently acquired EM Software & Systems-S.A. based in Technopark which sees FEKO, the electromagnetic field analysis software now becoming part of HyperWorks.  With this acquisition Altair will now have a local presence in the South African market, covering all sales and support activities in the region. 


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