Siemens PLM Software (Plano, Texas) reported March 12 that it has significantly expanded its longstanding software license agreement with Troy, Mich.-based Altair Engineering Inc. The expanded agreement, according to Siemens, enables Altair to deploy Parasolid Designer software throughout its product offerings. Parasolid Designer provides Altair an advanced modeling capability that seamlessly integrates with its existing core technology, enabling accelerated product development.
Altair is expanding the use of Parasolid software, now including Parasolid Designer, following an extensive strategic review of ways to align its solidThinking and HyperWorks product suites. Altair sought a solution to augment its internally developed core technology, which is used in HyperWorks, and concurrently align to its product suites.
“During the extensive evaluation process, Parasolid Designer proved to be the most technically advanced solution to enable accelerated development across Altair’s entire product range and to align with our established technology," says Massimo Fariello, Altair's senior VP, software technology alliances and strategies. "This was crucial for our business success. The technical advantages of Parasolid, combined with the trust established in Siemens over the past several years, gave us confidence in our decision to select this solution. We look forward to delivering enhancements in future releases, leveraging the advanced modeling functionality in Parasolid.”
“Siemens PLM Software’s position as the leading provider of PLM [product lifecycle management] component software is based on providing superior technology and developing long-term, mutually beneficial relationships with our licensees,” says Paul Sicking, senior VP in Siemens' Chief Technology Office. “We are delighted that a company of Altair’s caliber has selected Parasolid to integrate its suite of products. This decision further validates both the direction of our technology and our open strategy.”
Altair Engineering is a global provider of software for optimizing the analysis, management and visualization of business and engineering information. Altair first became a Parasolid licensee in 2008, through the acquisition of solidThinking conceptual design software, which uses the full breath of Parasolid Designer functionality. In 2011, Altair integrated Parasolid Communicator into its HyperWorks suite to enable translator-free interoperability with the extensive list of PLM products based on Parasolid.
Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a global provider of PLM software and services, with 7 million licensed seats and more than 71,000 customers worldwide. The company works collaboratively with companies to deliver open solutions.