Simulation tech firm Altair to acquire IoT platform provider

Simulation tech firm Altair to acquire IoT platform provider

Business news |
CAE, cloud analytics and high-performance computing provider Altair (Troy, MI) has announced the acquisition of Carriots S.L, an Internet of Things (IoT) technology company from Madrid, Spain, founded in 2011.
By Rich Pell

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The company is the developer of Carriots, a complete IoT application enablement platform (AEP) that rapidly connects and manages devices, collects and analyses their data, and builds intelligent applications together with enterprise business systems. 

“Combining  Altair’s software suites with Carriots’ solutions for the IoT will provide our customers with the complete stack of technology they need to create, simulate and manage their new connected products over complete lifecycles”, says Miguel Castillo founder of Carriots.

“We are joining forces with a leader in product design and engineering, and as part of the Altair team we can now better help organizations capture the full value of IoT.”

The Carriots platform offers customers the freedom to choose their own hardware or infrastructure provider, tailor and build custom applications, integrate with third party solutions and corporate IT systems or on-board devices directly to Carriots as a turn-key Platform-as-a-Service offering.

Carriots offers free trial access for customers to fully develop proof of concept IoT applications, which can be scaled to millions of devices with a commercial agreement

Altair – www.altair.com

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