Growing business in the Canadian market calls for additional investment
TROY, Mich., April 24 /CNW/ -- Altair Engineering Canada, Ltd., a
subsidiary of Altair Engineering, Inc., a leading global provider of
technology to strengthen client innovation, today announced that it has
expanded its presence in Canada by opening a new office in Toronto, Ontario.
The latest development is due to growing business in the region, especially in
the areas of automotive, commercial aviation, consumer products and heavy
trucks. The new facility provides offices for Altair Canada employees as well
as a fully-equipped training facility for customers. Robert Little, a Canadian
and a 19-year Altair employee, is president of the Altair subsidiary.
"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.
For further information:
For further information: Diane Forbes of Altair Engineering, Inc.,
+1-248-614-2400, ext. 464, firstname.lastname@example.org Web Site: http://www.altair.com