Tag Archives: IoT

Altair acquires Carriots IoT platform in bid for IoT leadership in PLM

Joining the industry-wide race for dominance in tools to engineer the Internet of Things, Altair last month acquired Carriots S.L. The Madrid-based IoT technology company is the developer of Carriots, a complete IoT application enablement platform (AEP) to rapidly connect and manage devices, collect and analyze data, and build intelligent applications together with enterprise business systems. The addition of an IoT platform to Altair’s CAE, cloud analytics and HPC portfolio, the company says, “offers customers a highly scalable software stack to develop, enable, manage and optimize devices throughout their lifecycle.” Continue reading

Design exploration software industry M&A outlook 2015

After 2013 saw Red Cedar Technology acquired by CD-adapco and FE-DESIGN by Dassault Systèmes, mergers and acquisitions in the design exploration and optimization software industry took a breather last year. What could drive M&A activity in 2015? Continue reading