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Why General Electric Stock Rose Sharply Today

Why General Electric Stock Rose Sharply Today
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Altair Engineering Inc. (NASDAQ:ALTR), General Electric Company (NYSE:GE) - Altair Acquires Flow Simulator From GE Aviation For Undisclosed Terms

Software and cloud solutions provider Altair Engineering Inc (NASDAQ: ALTR) acquired integrated flow, heat transfer, and combustion . ....

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Why General Electric Stock Rose Sharply Today

A technology collaboration could lead to new business ventures. ....

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Altair Acquires Flow Simulator From GE Aviation

Altair Engineering Acquires Flow Simulator From GE Aviation
FAIRFIELD (dpa-AFX) - Altair (ALTR) has acquired Flow Simulator from GE Aviation. Flow Simulator is an integrated flow, heat transfer, and combustion design software, which enables mixed fidelity simulations to optimize machine and systems design.
The companies have also signed a MOU to establish a long-term strategic partnership for Altair s continuous development of Flow Simulator and granting GE Aviation access to Altair s complete software suite. The MOU will also facilitate executive engagement between the companies to establish deeper strategic alignment and pursue new ventures.
Altair was a commercial distributor of Flow Simulator, which was available through the Altair Partner Alliance. ....

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Altair Acquires Flow Simulator; an Integrated Flow, Heat Transfer, and Combustion Design Software, from GE Aviation, to Expand into New Industries

Altair Acquires Flow Simulator; an Integrated Flow, Heat Transfer, and Combustion Design Software, from GE Aviation, to Expand into New Industries
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Altair and GE Aviation establish strategic engagement to pursue new opportunities
TROY, Mich., Feb. 24, 2021 /PRNewswire/ Altair, (Nasdaq: ALTR) a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing (HPC), and artificial intelligence (AI), today announced that it has acquired Flow Simulator from GE Aviation. Flow Simulator is an integrated flow, heat transfer, and combustion design software, which enables mixed fidelity simulations to optimize machine and systems design. ....

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