Altair Acquires newFASANT
Acquisition helps Altair enhance its high-frequency electromagnetics portfolio.
January 6, 2020
Altair announces the acquisition of newFASANT, offering technology in computational and high-frequency electromagnetics. newFASANT’s solutions address a wide range of electromagnetic problems in areas such as antenna design and placement, radar cross section (RCS) analysis, automotive V2V/ADAS and infrared/thermal signatures.
Originally a spinoff from the University of Alcalá, near Madrid, newFASANT has a software portfolio containing various full-wave and high-frequency asymptotic electromagnetic solvers, when combined with Altair Feko, will allow Altair offer solutions in technology areas like V2V, Doppler effects, radome analysis, periodic structures, reflect arrays and others.
“We are thrilled to welcome newFASANT and its brilliant engineers to Altair,” says James Scapa, Altair’s chief executive officer and founder. “By combining its people and software into our advanced solutions offerings, we are clearly emerging as the dominant player in high-frequency electromagnetics—technology that is critical for solving some of the world’s toughest engineering problems.”
“We couldn’t be more excited to join the ranks of such a globally relevant and growing software player,” says Felipe Cátedra, chief executive officer of newFASANT. “Ever since we spun off from the University of Alcalá, we have grown the sophistication of our offerings, but by joining a powerhouse like Altair, we will be able to commercially expand our footprint immensely.”
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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