Altair Acquires Cassini to Accelerate Development of Digital Thread Technology
February 17, 2022 | AltairEstimated reading time: 1 minute
Altair, a global leader in computational science and artificial intelligence (AI), acquired Cassini, a next-generation cloud native technology for Industry 4.0. With the acquisition, Altair deepens its expertise and strengthens its ability to offer digital thread solutions via the Altair One cloud platform.
A digital thread provides a 360-degree view of conceptualized product data, streamlines and accelerates new product development, and improves processes, creating a seamless experience between the digital and physical worlds.
“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 chief executive officer, 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.”
The ability to manage high fidelity system data of all types across engineering, quality, service, and more is critical to fully unlock the potential of AI-based simulations. Altair One’s best-in-class 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.
Suggested Items
Real Time with… IPC APEX EXPO 2024: Direct Imaging Equipment and Quad-wave DLP Light Engine Technology
05/03/2024 | Real Time with...IPC APEX EXPOGuest Editor Kelly Dack and MivaTek's Brendan Hogan delve into the company's innovative technologies, including direct imaging equipment and quad-wave DLP light engine technology. They highlight the benefits of direct imaging, compensation, and DART technology.
iNEMI Names Grace O'Malley CTO
05/02/2024 | iNEMIThe Board of Directors of the International Electronics Manufacturing Initiative (iNEMI) has named Grace O'Malley Chief Technical Officer (CTO).
Dubai Launches Global Blueprint for Artificial Intelligence
05/02/2024 | BUSINESS WIREDubai has launched a blueprint for Artificial Intelligence (AI), a yearly plan that will focus on harnessing the technology’s potential to improve quality of life around the world.
NextFlex Convenes the Hybrid Electronics Community at Binghamton University
05/01/2024 | NextFlexBinghamton University hosted the NextFlex hybrid electronics community on April 18 for a day of expert presentations, breakout sessions on technology and manufacturing topics, and networking.
IDTechEx Report on Quantum Technology: Nano-scale Physics for Massive Market Impact
04/30/2024 | PRNewswireThe quantum technology market leverages nano-scale physics to create revolutionary new devices for computing, sensing, and communications. Across the industry, quantum technology offers a paradigm shift in performance compared with incumbent solutions.