Altair Acquires M-Base Engineering + Software GmbH, Leader in Plastics Material Data and Technology
One of the most important decisions in product development is the selection of materials for production. Altair has been investing significantly in the area of material modeling for several years. The acquisition of M-Base is an important additional step to deliver comprehensive material information and infrastructure to predict and optimize product performance through simulation. M-Base's offering covers the complete lifecycle of material data, from testing and test evaluation to computer-aided engineering (CAE) interfaces, with a focus on plastics.
M-Base brings to Altair first-rate plastics material data supplied directly by material producers, deep knowledge in material database technology, and plastics material data preparation from raw data to data consumable by designers and engineers.
M-Base is the official software supplier to Computer Aided Material Preselection by Uniform Standards (CAMPUS), the world’s most successful plastic material database adhering to rigorous international standards. Altair will continue to invest in CAMPUS to ensure consistent, high-quality material data for customers to drive accurate simulation results.
“The integration of M-Base into the Altair ecosystem brings deep knowledge and experience in material database projects, as well as the high-quality data our customers require to improve the design of their products,” said
“As a steering committee member of CAMPUS, we have built a beneficial relationship with M-Base who helped us to broaden the impact of the CAMPUS database,” said Dr. Peter Höck, head of technical product and quality management polycarbonates at Covestro. “We are confident that Altair will bring expanded benefits to our members through their technology, teams, and investments.”
M-Base's Web-based plastics database,
“Integrating our technology and
About Altair (Nasdaq: ALTR)
Altair is a global technology company that provides software and cloud solutions in the areas of data analytics, simulation, and high-performance computing (HPC). Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. To learn more, please visit www.altair.com.
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Source: Altair Engineering Inc.