Altair Buys Finnish Tech Company

TROY — The Troy-based engineering technology developer Altair Inc. said Thursday it had acquired Componeering Inc., a Helsinki, Finland-based technology company specializing in structural analysis and design of composite structures.

Componeering, now known as Altair Engineering Finland Oy, is the developer of composites simulation software called ESAComp.

Terms of the transaction were not disclosed.

Originated in a European Space Agency (ESA) project, today’s ESAComp is a staple technology throughout the aerospace industry and has expanded to other industries where composite material structures are found, including marine, automotive, rail transportation, alternative energy and machinery.

ESAComp analysis and optimization capabilities were used in the design of the Biofore Concept Car.

The initial collaboration between Altair and Componeering was prompted by a mutual client, RUAG Space, who approached Altair to see if it was possible to transfer data between the two software packages. This started the joint-development of an interface to meet the customer’s needs.

“Altair HyperWorks and ESAComp are an essential part of RUAG’s composite analysis process,” said Ralf Usinger, manager of innovation and industrialization, at RUAG Space. “We’re looking forward to experience the tighter integration between the two products to further streamline the process and eliminate unnecessary breaks in the data flow.”

Added Franck Mouriaux, general manager for structures at RUAG Space: “This achievement is another successful outcome of the close collaboration between Altair and RUAG Space. This partnership is essential for us in order to address the challenges of the new commercial space industry and remain competitive.”

ESAComp is software for the design and analysis of composites, ranging from conceptual and preliminary design of layered composite structures to advanced analyses for final design verification. The software also includes analysis tools for structural elements including flat and curved panels, stiffened panels, beams and columns, and bonded and mechanical joints.

“Altair’s customers across all industries will benefit from the knowledge of composite design embedded in the product and tight integration with OptiStruct and Multiscale Designer,” said Uwe Schramm, chief technical officer for solvers and optimization at Altair. “This integration with HyperWorks will bring more streamlined processes and time savings by having everything in one workflow.”

Markku Palanterä, former CEO of Componeering Inc., has become Director of ESAComp at Altair.

To learn more about ESAComp capabilities and integration with HyperWorks sign-up for a webinar Thursday, Sept. 21 at this link.

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