TROY, Mich., Feb. 21, 2018 -- Altair (ALTR), developer of the popular HyperWorks computer-aided engineering software suite, has acquired Michigan-based TES International’s technology, intellectual property, and other assets. TES was founded in 1994 to service the “electronics cooling” market, and provides cross-industry software solutions for thermal design and packaging, custom programming, general heat transfer, stress and vibration analysis, and computational fluid dynamics (CFD). Their main CFD software, ElectroFlo, is an electronics cooling package designed for high power-density applications.
|
|||||
“As an advanced electronics thermal management software package, ElectroFlo is fundamentally based on a multiphysics and multi-discipline solution methodology,” said Dr. Ben Zandi, former Founder, Chairman & CTO at TES International, now VP of Software Development for Thermal Solutions at Altair. “For this reason Altair, with its unmatched offering of innovative technologies, provides the ideal environment for ElectroFlo to flourish. Combining it with AcuSolve can provide thermal solutions for applications with complex flow interactions, while coupling with Altair’s Electromagnetic Compatibility (EMC) and Electronic Design Automation (EDA) technologies will provide users a broad set of solutions for electronic applications.”
ElectroFlo is an efficient thermal analysis software that combines the power of coupled thermal/electrical analysis with a user-friendly graphical interface to provide solutions for complex problems. It incorporates coupled thermal/electrical algorithms, improving analysis results accuracy for systems containing wires and traces. The software can be used to simulate electronics ranging from components and printed circuit boards to full systems, and is particularly useful for designing high-current applications.
“ElectroFlo is a great extension to our thermal simulation portfolio,” said Dr. Uwe Schramm, CTO at Altair. “There is a lot of synergy with AcuSolve 3D CFD which has been widely used for thermal management in a multitude of use cases. Having Dr. Zandi on board will accelerate our work in a number of areas, including electronics applications supported with electromagnetics simulation using Flux and FEKO.”
About Altair (Nasdaq: ALTR)
Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. With more than 2,000 employees, Altair is headquartered in Troy, Michigan, USA and operates 69 offices throughout 24 countries. Altair serves more than 5,000 customers across broad industry segments. To learn more, please visit www.altair.com.
Media Contacts
Altair Corporate/North America/Asia Pacific
Biba A. Bedi
+1-757-224-0548 x 406
[email protected]
Altair Europe/the Middle East/Africa
Evelyn Gebhardt
+49-6421-9684351
[email protected]
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f607741e-41e9-4c8b-907d-df372d8c50b0


Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors
SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised
Moderna Wins FDA Approval for mFLUSIVA mRNA Flu Vaccine for Adults 50+
Shein Scales Back Vietnam Operations as US Trade Rules Shift
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback
Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises
Qantas Shares Climb as Long-Haul Pilot Deal Eases Strike Concerns
Deutsche Bank Upgrades Persimmon to Buy After Strong First-Half Results
OpenAI Restricts Astra AI Over Cyberattack Risks
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico
Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop
ADNOC Gas Targets Up to $4B Profit in 2026
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts
Airbnb Stock Jumps After Q2 Earnings Beat, Strong 2026 Outlook
Treasury Wine Estates Shares Jump as U.S. Overhaul Lifts FY2026 Outlook 



