Add-on Acquisition • Software

Altair Acquires EM Software & Systems S.A.

On December 10, 2013, Altair acquired software company EM Software & Systems S.A.

Acquisition Context
  • This is Altair’s 2nd transaction in the Software sector.
  • This is Altair’s 1st transaction in South Africa.

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M&A Deal Summary

Date December 10, 2013
Target EM Software & Systems S.A.
Sector Software
Buyer(s) Altair
Deal Type Add-on Acquisition

Target Company

EM Software & Systems S.A.

Stellenbosch, South Africa
EM Software & Systems S.A. (Pty) Ltd. is a company consulting in electromagnetic field analysis and antenna design. Through consulting services EMSS identified the local and international need in the aerospace, naval and automobile industries for the simulation of antennas on electrically large platforms.
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Buyer Overview 1

Buyer

Altair

Troy, Michigan, United States

Category Company
Founded 1985
Sector Information Technology
Employees3,400
Revenue 613M USD (2023)
DESCRIPTION

Altair is a global technology company that provides software and cloud solutions in the areas of product development, high-performance computing, and data analytics. Altair was founded in 1985 and is based in Troy, Michigan.


Deal Context for Buyer #
Overall 4 of 40
Sector: Software 2 of 28
Type: Add-on Acquisition 3 of 35
Country: South Africa 1 of 1
Year: 2013 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-08 Synopsis Consulting s.r.l.

Turin, Italy

Synopsis Consulting s.r.l. is a provider of product development process efficiency through the implementation of business and engineering performance analytics solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-17 Visual Solutions

Westford, Massachusetts, United States

Visual Solutions is the creator of VisSim™, an innovative visual language for mathematical modeling, simulation, and model-based embedded development.

Buy -