Altair Extends Commitment to Siemens; Expands Use of Parasolid Designer throughout its Product Range

Siemens PLM Software has significantly expanded its long-standing software license agreement with Altair Engineering, Inc. (Altair), a leading global provider of software for optimizing the analysis, management and visualization of business and engineering information. The expanded agreement enables Altair to deploy Parasolid Designer software throughout its product offerings. Parasolid Designer provides Altair advanced modeling capability to seamlessly integrate with its existing core technology and to enable accelerated product development.

Altair is expanding the use of Parasolid® software to include Parasolid Designer following an extensive strategic review of how to align its solidThinking and HyperWorks product suites. Altair sought a solution to augment its internally-developed core technology, which is used in HyperWorks, and concurrently align to its product suites.

“During the extensive evaluation process, Parasolid Designer proved to be the most technically advanced solution to enable accelerated development across Altair’s entire product range and to align with our established technology; this was crucial for our business success,” said Massimo Fariello, senior VP, software technology alliances and strategies, Altair. “The technical advantages of Parasolid, combined with the trust established in Siemens over the past several years, gave us confidence in our decision to select this solution. We look forward to delivering enhancements in future releases leveraging the advanced modeling functionality in Parasolid.”

“Siemens PLM Software’s position as the leading provider of PLM component software is based on providing superior technology and developing long-term mutually beneficial relationships with our licensees,” said Paul Sicking, senior vice president, Chief Technology Office, Siemens PLM Software. “We are delighted that a company of Altair’s caliber has selected Parasolid to integrate its suite of products. This decision further validates both the direction of our technology and our open strategy.”

Altair first became a Parasolid licensee in 2008, through the acquisition of solidThinking conceptual design software which uses the full breath of Parasolid Designer functionality. In 2011, Altair integrated Parasolid Communicator into its HyperWorks suite to enable translator-free interoperability with the extensive list of PLM products based on Parasolid.

Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a leading global provider of product lifecycle management (PLM) software and services with seven million licensed seats and more than 71,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with companies to deliver open solutions to help them make smarter decisions that result in better products. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

The Siemens Industry Automation Division (Nuremberg, Germany) supports the entire value chain of its industrial customers – from product design to production and services – with an unmatched combination of automation technology, industrial control technology, and industrial software. With its software solutions, the Division can shorten the time-to-market of new products by up to 50 percent. Industry Automation comprises five Business Units: Industrial Automation Systems, Control Components and Systems Engineering, Sensors and Communications, Siemens PLM Software, and Water Technologies. For more information, visit www.siemens.com/industryautomation.

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. D-Cubed and Parasolid are trademarks or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.