M&A Deal Summary

Altair Acquires M-Base Engineering + Software

On October 8, 2020, Altair acquired software company M-Base Engineering + Software

Acquisition Highlights
  • This is Altair’s 19th transaction in the Software sector.
  • This is Altair’s 3rd transaction in Germany.

M&A Deal Summary

Date 2020-10-08
Target M-Base Engineering + Software
Sector Software
Buyer(s) Altair
Deal Type Add-on Acquisition

Target

M-Base Engineering + Software

Aachen, Germany
M-Base Engineering + Software GmbH is a provider of material database and material information systems, product information systems, and material related simulation software. M-Base Engineering + Software is based in Aachen, Germany.

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Buyer(S) 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 STATS #
Overall 27 of 40
Sector: Software M&A 19 of 28
Type: Add-on Acquisition M&A Deals 24 of 35
Country: Germany M&A 3 of 4
Year: 2020 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-16 Ellexus

Cambridge, United Kingdom

Ellexus Ltd. is an input/output (I/O) analysis tool, which helps customers find and address issues quickly, improving speed accuracy and cloud readiness. The Ellexus software products, Mistral and Breeze, are used for I/O diagnostics, optimization, and dependency detection by HPC administrators of large enterprises.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-24 Flow Simulator

Evendale, Ohio, United States

Flow Simulator is an integrated flow, heat transfer, and combustion design software, which enables mixed fidelity simulations to optimize machine and systems design. Flow Simulator is based in Evendale, Ohio.

Buy -