Altair To Acquire South African Electromagnetic Software FirmTroy's engineering and computer science software and services provider Altair Engineering Inc. said Tuesday it had reached an agreement to acquire EM Software & Systems S.A., a provider of electromagnetic technology software based in Cape Town, South Africa.
Altair Expands Mediterranean Presence with Offices in Greece and IsraelAltair announced the opening of two new offices, Altair Hellenic in Thessaloniki, Greece, and Altair Israel in Tel Aviv, Israel.
Compuware Profit Jumps 40% on 3.4% Revenue IncreaseThe Detroit software and IT services company Compuware Corp. (Nasdaq: CPWR) Thursday reported net income of $16.3 million or 7 cents a share in the second quarter of its fiscal year, which ended Sept. 30.
Truven Health Rolls Out New Doctor Practice ProductTruven Health Analytics has released Truven Health Action OI Practice Insights, software designed to help measure, benchmark and improve physician practice performance.
IDV Solutions’ Growth Fuels New Florida Office, Hiring, and Employee PromotionsSoftware maker IDV Solutions Tuesday announced that is has expanded over the last quarter, prompting several new hires, internal promotions, and a new Orlando, Fla. office, which opened Aug. 1.
AIM Completes New Honda Testing Requirements At No Charge To Existing Honda CustomersAIM Computer Solutions, a provider of specialized software for the auto supplier community, has received its approval for Honda North America’s EDI and Bar Code Software update testing for 2013.
Altair Partner Alliance Welcomes SEAM and Deepens its NVH CapabilitiesThe Altair Partner Alliance announced this morning the expansion of its noise, vibration and harshness capabilities with the addition of new partner Cambridge Collaborative Inc. Its software, SEAM, uses statistical energy analysis to evaluate the dynamic response of complex structures at mid and high frequencies.
Altair's PBS Professional Deployed on Cray XC30 Supercomputer At JAISTThe software and engineering services provider Altair Monday announced that its supercomputer workload management software, PBS Professional, has been selected to manage workload for the Cray XC30 supercomputer recently put into production by the Japan Advanced Institute for Science and Technology.
Ann Arbor VC Helps Finance Software To Value Renewable Energy ProjectsAnn Arbor-based Augment Ventures announced Monday it was part of a recent $2 million Series A investment in Santa Clara, Calif-based Mercatus Inc. Mercatus develops origination and syndication management technology for the energy project finance industry.
Compuware Redefines the Boundaries of APM With New PureStack TechnologyCompuware Corp. Tuesday announced the release of PureStack Technology, which Compwuare called the first software system to expose how IT infrastructure conditions impede the performance of critical business applications.
Compuware Posts Loss, Revenue Falls, But Shares RiseCompuware Corp. (Nasdaq: CPWR) Tuesday reported a loss of $63.7 million or 30 cents a share in the fourth fiscal quarter ended March 31. That compares to net income of $27.1 million or 12 cents a share in the same quarter of the prior fiscal year.