Powersim: Altair Acquires Powersim to Amplify Power Electronics Solutions
Altair, a global leader in computational science and artificial intelligence (AI), acquired Powersim, a market-leading provider of simulation and design tools for power electronics, including power supplies, motor drives, control systems, and microgrids.
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Powersim is a Maryland-based SaaS-based firm that develops power electronic simulation tools for applications such as motor drives and control systems.
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