Altair (Nasdaq: ALTR) a Troy, Mich.-based global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, acquired the WRAP software business from Swedish company WRAP International AB.
WRAP is a software technology platform for spectrum management and radio network planning for civil and defense organizations.
With 30 years of development, originally in Saab, the WRAP software covers a wide range of applications with focus on controlling radio spectrum assets for maximum utilization, including radio planning, interference, and coverage calculations, complementing Altair’s existing Feko, newFASANT, and WinProp software for wireless propagation modeling and network planning. The users of WRAP include among many others major defense organizations, telecom authorities, broadcast operators, and public safety organizations.
Led by James Scapa, chief executive officer and founder, Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing (HPC), and data analytics. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future.
FinSMEs
11/05/2020