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Altair Introduces a Disruptive New Licensing Model for the solidThinking Software Suite

ALTAIR ENGINEERING INC CL A COMMON (ALTR)  More Company Research Source: GlobeNewswire
Last altair engineering inc cl a common earnings: 11/8 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.altair.com/overview
PDF TROY, Mich., Aug. 29, 2018 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR) announced the introduction of a new software licensing model for its solidThinking suite of simulation-driven design software.  Based off of Altair’s patented units-based licensing model popularized through Altair HyperWorks™, solidThinking Units (sTUs) will share similar and distinct advantages enabling SMB customers and the design engineering community to drive product innovation with simulation.  Under sTU licensing, customers will now have access to all software titles available through the solidThinking suite as well as the ability to seamlessly run these applications on-demand locally or in the cloud.  “We believe the frictionless access to our entire solidThinking suite and cloud resources through this single licensing model is a market first and compelling offering for SMB and some enterprise customers,” says James R. Scapa, Founder, Chairman and CEO of Altair.  “The new licensing provides tremendous val [Read more]

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