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Altair Acquires Solid Iris Technologies, Leader in Photorealistic Rendering and Visualization

Rendering technology integration with Altair software portfolio to deliver new user experiences for designers and engineers

TROY, Mich., September 14, 2016 — 

Altair (Nasdaq: ALTR), a global leader in computational intelligence, has acquired Solid Iris Technologies, a Greece-based technology company specializing in photorealistic rendering and visualization, with its high-end solution “Thea Render”. The companies have built a relationship over the past several years, with Altair using Solid Iris’ Thea Render superior technology to provide rendering functionality in its solidThinking Evolve concept design software.

James R. Scapa, Altair’s Founder, Chairman and CEO, notes that, “With the continued growth in performance and cloud availability of high performance computing (HPC), the opportunity to deliver rendering solutions for applications from architectural visualization and product design to entertainment and augmented reality is truly exciting. We look forward to delivering powerful new capabilities to our software community of designers and engineers.”

Thea Render is a state-of-the-art Biased, Unbiased and GPU renderer with a rich set of innovative features, a powerful material system and its own advanced studio. Integrating this photorealistic rendering technology with solidThinking and Altair products will contribute significantly to a completely new experience to visualize, model and design. Thea Render is also integrated on many modeling applications, with thousands of users who will benefit from Altair’s global support and training resources.

“Vision is the most important human sense”, says Ioannis Pantazopoulos, Managing Director of Solid Iris, “and it plays a vital role in our understanding of the world. As we fully integrate our team and technology within Altair, we are committed to advancing the user’s experience such that product creation will seem to occur inside a real scene rather than in front of a computer screen.”

Please visit www.thearender.com to learn more about the Solid Iris product line.

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About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

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