TROY,
Mich., Oct. 2, 2023 /CNW/
-- Altair (Nasdaq: ALTR), a global leader in
computational science and artificial intelligence (AI), acquired
OmniQuest, a Novi, Mich.-based
optimization software company. OmniQuest's flagship product,
Genesis, is an advanced structural analysis and optimization
software that uses the finite element method to solve problems with
many variables and constraints.
"OmniQuest was founded by the late Professor Gary Vanderplaats, a giant in the field of
structural optimization who developed many unique and powerful
optimization algorithms used in the commercial market today.
OmniQuest's products are used by several major customers, and we
are excited to make them available to all our customers going
forward," said James R. Scapa,
founder and chief executive officer, Altair. "The acquisition of
this excellent technology and team will further enhance Altair's
optimization leadership in the market driving lightweight and
structurally efficient designs across the globe."
In addition to the automotive sector, the acquisition brings
deep experience in Formula 1, the highest class of international
racing, where Genesis has a strong position and is widely used for
composite design applications. It is particularly utilized for
applications that require agile engineering processes and
specialized tools to produce highly engineered vehicles with short
turnaround times.
Genesis's analysis capabilities include static, normal modes,
direct and modal frequency analysis, random response, heat
transfer, system buckling calculations, acoustics, and fatigue
analysis. Its structural optimization types include sizing, shape,
topology, topometry, topography and freeform optimization.
Genesis also supports equivalent static load method (ESLM) for
highly nonlinear structural behaviors, interfacing with popular
third-party finite-element analysis (FEA) solvers.
OmniQuest founder, Professor Vanderplaats, was a founding father
of practical structural and multidisciplinary design optimization
(MDO). His contributions to vision, theory, and practical
applications of MDO and structural optimization are significant and
his early contributions include the modified method of feasible
directions algorithm, which became very popular in the structural
optimization field by his own code CONMIN (constrained
minimization). This code is embedded in many programs and remains
among the best in the world today. In the late 1980's he left
behind a legendary academic career as a tenured professor at UC
Santa Barbara to found Vanderplaats Research & Development
(later renamed OmniQuest) and served as chief executive officer and
chairman until his passing.
About Altair
Altair is a global leader in computational science and
artificial intelligence (AI) that provides software and cloud
solutions in simulation, high-performance computing (HPC), data
analytics, and AI. Altair enables organizations across all
industries to compete more effectively and drive smarter decisions
in an increasingly connected world – all while creating a greener,
more sustainable future. For more information, visit
https://www.altair.com/.
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Altair Europe/The
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emea-newsroom@altair.com
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apac-newsroom@altair.com
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SOURCE Altair