TROY, MI – Altair acquired Cassini, a cloud native technology for Industry 4.0, for an undisclosed sum.
“Led by visionary founder and industry veteran in both mechanical and electrical data management solutions, Raghuram Tera, Cassini brings innovative technology and an incredibly talented team to Altair,” said James R. Scapa, founder and CEO, Altair. “Upon integration, customers will have a comprehensive view of digital thread activities in the simulation portion of the PLM value chain, creating a differentiated journey and value for design engineers, simulation engineers, production engineers, engineering data scientists, and IT/ HPC administrators.”
Altair One’s top-down and bottom-up simulation data management capabilities, coupled with Cassini’s applications and technology, will provide a closed loop product verification and validation platform.
“We are proud to have built a world-class unified cloud platform that simplifies and accelerates product development cycles and manages entire product lifecycles from concept to customer,” said Raghuram Reddy Tera, Cassini. “Altair is a significant player in the PLM value chain, and it’s a natural and exciting opportunity for Cassini to join the Altair team."
Cassini is based in Hyderabad, India.
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