{"id":525802,"date":"2021-08-10T07:04:21","date_gmt":"2021-08-10T11:04:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/altair-acquires-s-frame-software-powerful-structural-analysis-and-design-software-to-strengthen-and-accelerate-global-footprint-in-architecture-engineering-and-construction-aec\/"},"modified":"2021-08-10T07:04:21","modified_gmt":"2021-08-10T11:04:21","slug":"altair-acquires-s-frame-software-powerful-structural-analysis-and-design-software-to-strengthen-and-accelerate-global-footprint-in-architecture-engineering-and-construction-aec","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/altair-acquires-s-frame-software-powerful-structural-analysis-and-design-software-to-strengthen-and-accelerate-global-footprint-in-architecture-engineering-and-construction-aec\/","title":{"rendered":"Altair Acquires S-FRAME Software, Powerful Structural Analysis and Design Software, to Strengthen and Accelerate Global Footprint in Architecture, Engineering, and Construction (AEC)"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <i>As an innovator in AEC structural simulation and certification for 40 years, S-FRAME Software is a leading advocate for the use of timber in building design<\/i>\n      <\/p>\n<p>\n        <span class=\"xn-location\">TROY, Mich.<\/span>, <span class=\"xn-chron\">Aug. 10, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3253841-1&amp;h=913074422&amp;u=https%3A%2F%2Fwww.altair.com%2F&amp;a=Altair\" rel=\"nofollow noopener\">Altair<\/a> (Nasdaq: ALTR), the global leader converging simulation, HPC, and AI, today announced that it has acquired <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3253841-1&amp;h=229542094&amp;u=https%3A%2F%2Fs-frame.com%2F&amp;a=S-FRAME+Software\" rel=\"nofollow noopener\">S-FRAME Software<\/a>, a structural analysis software platform used by engineers to evaluate a structure&#8217;s ability to withstand external loads (like wind, water, and snow) and meet design code requirements around the world.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1591030\/S_TIMBER_2020.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1591030\/S_TIMBER_2020.jpg\" title=\"A model of a multistory hybrid mass timber building in S-FRAME\u2019s S-TIMBER software object view (left) and the resultant column force view (right).\" alt=\"A model of a multistory hybrid mass timber building in S-FRAME\u2019s S-TIMBER software object view (left) and the resultant column force view (right).\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>For more 30 years, high-end architectural clients have utilized Altair&#8217;s sophisticated technology \u2013 which is also used to design high-tech modern aircraft and automobiles \u2013 to develop some of the world&#8217;s most innovative and iconic structures. Utilizing S-FRAME Software&#8217;s finite element structural analysis and code support with Altair&#8217;s high-fidelity structural optimization solutions will allow architects and civil engineers to be more innovative and bring their visions to life while adhering to local code requirements. <\/p>\n<p>According to CIMdata, the leader in product lifecycle (PLM) education and research, &#8220;the AEC segment will be one of the fastest-growing segments of the PLM market with a 14.7 percent CAGR to <span class=\"xn-money\">$11 billion<\/span> in 2025.&#8221;<\/p>\n<p>&#8220;We are excited to expand our presence in the rapidly growing AEC market to lead the transformation from rule-based design to predictive, high-performance design, fueled by simulation,&#8221; said <span class=\"xn-person\">James R. Scapa<\/span>, founder and chief executive officer, Altair. &#8220;By using highly sophisticated performance-based, predictive simulation, architects and designers will be able to be more creative, fueling innovation while increasing safety.&#8221; <\/p>\n<p>As an AEC innovator for many years, S-FRAME Software&#8217;s integrated solutions make it possible to analyze, design, and detail structures regardless of geometric complexity, loading conditions, nonlinear effects, design code requirements, or material type including steel, concrete, composites, or mass timber, one of the hottest in sustainable building materials. S-FRAME Software has been a leading advocate for the use of timber in building design as the material offers sustainability through greenhouse gas reduction and other environmental benefits like insulation as well as architectural aesthetics. S-FRAME Software also allows users to produce comprehensive and detailed design reports that include clause references and intermediate results for multiple design code support. <\/p>\n<p>&#8220;Joining the Altair team is a strategic way to accelerate our growth and become part of a full solutions suite with their advanced structural design offerings,&#8221; said Marinos Stylianou, chief executive officer, S-FRAME Software. &#8220;We are confident our combined offerings will be able to empower engineers, designers, and builders to reach new heights.&#8221;<\/p>\n<p>Founded in 1981, S-FRAME Software is based in <span class=\"xn-location\">British Columbia, Canada<\/span> and serves a global client base.<\/p>\n<p>S-FRAME Software will be available via Altair Units, Altair&#8217;s patented, subscription-based licensing model, which allows organizations to pay only for what their employees need, when they need it.<\/p>\n<p>\n        <b>About Altair (Nasdaq: ALTR)<\/b>\n      <\/p>\n<p>Altair is a global technology company that provides software and cloud solutions in the areas of simulation, high-performance computing (HPC), and artificial intelligence (AI). 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 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3253841-1&amp;h=690198244&amp;u=http%3A%2F%2Fwww.altair.com%2F&amp;a=www.altair.com\" rel=\"nofollow noopener\">www.altair.com<\/a>. <\/p>\n<p>\n        <b>Media Contacts<br \/><\/b><br \/>\n        <u>Corporate<\/u><br \/>\n        <br \/>\n        <span class=\"xn-person\">Jennifer Ristic<\/span><br \/>\n        <br \/>+1.216.849.3109<br \/><a target=\"_blank\" href=\"mailto:jristic@altair.com\" rel=\"nofollow noopener\">jristic@altair.com<\/a><\/p>\n<p>\n        <u>Altair <span class=\"xn-location\">Europe<\/span>\/The <span class=\"xn-location\">Middle East<\/span>\/<span class=\"xn-location\">Africa<\/span><br \/><\/u><br \/>\n        <span class=\"xn-person\">Evelyn Gebhardt<\/span><br \/>\n        <br \/>+49 7031 6208 0<br \/><a target=\"_blank\" href=\"mailto:gebhardt@altair.de\" rel=\"nofollow noopener\">gebhardt@altair.de<\/a><\/p>\n<p>\n        <b>Investor Relations<\/b><br \/>\n        <br \/>The Blueshirt Group<br \/><span class=\"xn-person\">Monica Gould<\/span> +1 212.871.3927<br \/><a target=\"_blank\" href=\"mailto:ir@altair.com\" rel=\"nofollow noopener\">ir@altair.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1591031\/S_TIMBER_Structure_Analysis_and_Design.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1591031\/S_TIMBER_Structure_Analysis_and_Design.jpg\" title=\"Various views of a multi-story hybrid mass timber building in S-FRAME\u2019s S-TIMBER software, including (clockwise): object view, FEA view, framing view, design utilization results, floor strip-line results, deformed structure.\" alt=\"Various views of a multi-story hybrid mass timber building in S-FRAME\u2019s S-TIMBER software, including (clockwise): object view, FEA view, framing view, design utilization results, floor strip-line results, deformed structure.\" \/><br \/>\n          <\/a>\n        <\/p>\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1591032\/S_TIMBER_2020_Curved_Members.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1591032\/S_TIMBER_2020_Curved_Members.jpg\" title=\"This timber model shows curved glulam column and beam design capabilities in S-FRAME\u2019s S-TIMBER software.\" alt=\"This timber model shows curved glulam column and beam design capabilities in S-FRAME\u2019s S-TIMBER software.\" \/><br \/>\n          <\/a>\n        <\/p>\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1421069\/Altair_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1421069\/Altair_Logo.jpg\" title=\"Altair (PRNewsfoto\/Altair)\" alt=\"Altair (PRNewsfoto\/Altair)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC69379&amp;sd=2021-08-10\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/altair-acquires-s-frame-software-powerful-structural-analysis-and-design-software-to-strengthen-and-accelerate-global-footprint-in-architecture-engineering-and-construction-aec-301351474.html\">https:\/\/www.prnewswire.com\/news-releases\/altair-acquires-s-frame-software-powerful-structural-analysis-and-design-software-to-strengthen-and-accelerate-global-footprint-in-architecture-engineering-and-construction-aec-301351474.html<\/a><\/p>\n<p>SOURCE  Altair<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC69379&amp;Transmission_Id=202108100700PR_NEWS_USPR_____DC69379&amp;DateId=20210810\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire As an innovator in AEC structural simulation and certification for 40 years, S-FRAME Software is a leading advocate for the use of timber in building design TROY, Mich., Aug. 10, 2021 \/PRNewswire\/ &#8212;\u00a0Altair (Nasdaq: ALTR), the global leader converging simulation, HPC, and AI, today announced that it has acquired S-FRAME Software, a structural analysis software platform used by engineers to evaluate a structure&#8217;s ability to withstand external loads (like wind, water, and snow) and meet design code requirements around the world. For more 30 years, high-end architectural clients have utilized Altair&#8217;s sophisticated technology \u2013 which is also used to design high-tech modern aircraft and automobiles \u2013 to develop some of the world&#8217;s most innovative and iconic structures. Utilizing &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altair-acquires-s-frame-software-powerful-structural-analysis-and-design-software-to-strengthen-and-accelerate-global-footprint-in-architecture-engineering-and-construction-aec\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Altair Acquires S-FRAME Software, Powerful Structural Analysis and Design Software, to Strengthen and Accelerate Global Footprint in Architecture, Engineering, and Construction (AEC)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-525802","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Altair Acquires S-FRAME Software, Powerful Structural Analysis and Design Software, to Strengthen and Accelerate Global Footprint in Architecture, Engineering, and Construction (AEC) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altair-acquires-s-frame-software-powerful-structural-analysis-and-design-software-to-strengthen-and-accelerate-global-footprint-in-architecture-engineering-and-construction-aec\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Altair Acquires S-FRAME Software, Powerful Structural Analysis and Design Software, to Strengthen and Accelerate Global Footprint in Architecture, Engineering, and Construction (AEC) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire As an innovator in AEC structural simulation and certification for 40 years, S-FRAME Software is a leading advocate for the use of timber in building design TROY, Mich., Aug. 10, 2021 \/PRNewswire\/ &#8212;\u00a0Altair (Nasdaq: ALTR), the global leader converging simulation, HPC, and AI, today announced that it has acquired S-FRAME Software, a structural analysis software platform used by engineers to evaluate a structure&#8217;s ability to withstand external loads (like wind, water, and snow) and meet design code requirements around the world. For more 30 years, high-end architectural clients have utilized Altair&#8217;s sophisticated technology \u2013 which is also used to design high-tech modern aircraft and automobiles \u2013 to develop some of the world&#8217;s most innovative and iconic structures. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/altair-acquires-s-frame-software-powerful-structural-analysis-and-design-software-to-strengthen-and-accelerate-global-footprint-in-architecture-engineering-and-construction-aec\/","og_locale":"en_US","og_type":"article","og_title":"Altair Acquires S-FRAME Software, Powerful Structural Analysis and Design Software, to Strengthen and Accelerate Global Footprint in Architecture, Engineering, and Construction (AEC) - Market Newsdesk","og_description":"PR Newswire As an innovator in AEC structural simulation and certification for 40 years, S-FRAME Software is a leading advocate for the use of timber in building design TROY, Mich., Aug. 10, 2021 \/PRNewswire\/ &#8212;\u00a0Altair (Nasdaq: ALTR), the global leader converging simulation, HPC, and AI, today announced that it has acquired S-FRAME Software, a structural analysis software platform used by engineers to evaluate a structure&#8217;s ability to withstand external loads (like wind, water, and snow) and meet design code requirements around the world. For more 30 years, high-end architectural clients have utilized Altair&#8217;s sophisticated technology \u2013 which is also used to design high-tech modern aircraft and automobiles \u2013 to develop some of the world&#8217;s most innovative and iconic structures. 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