Growing business in the Canadian market calls for additional investment
"The growth Altair is experiencing in the Canadian marketplace is testimony to the strong product offering of HyperWorks and the proactive technical support offered by Altair Canada," said Little. "Our expansion is directly related to our ability to help customers design better products in much less time. I see even more exciting opportunities to have a positive impact on our customers' success in the days ahead."
The Canadian market has long been a strategic growth market for Altair. Following a 2005 move to establish a Canadian business operations and management team, software revenues have increased by nearly 30 percent, and the staff of Altair Canada has grown from two individuals to five in less than six months, with further expansion expected to continue. Today, the Altair Toronto office serves more than 40 "Canadian 500" companies and 15 universities across the country, including Boeing Canada, Bombardier Transport, General Motors of Canada, Kaiser Aluminum, General Dynamics of Canada, Multimatic Technical Centre and the Magna companies.
About Altair Engineering
Altair Engineering, Inc. strengthens client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held with more than 1,000 employees, Altair has offices throughout North America, Europe and Asia/Pacific. With a 20-year-plus track record for product design, advanced engineering software and grid computing technologies, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit http://www.altair.com.
Web site: http://www.altair.com/