Shekar Ayyar Joins Altair Board of Directors


TROY, Mich., July 19, 2021/ PRNewswire/– Altair(Nasdaq: ALTR) revealed that Shekar Ayyar has actually signed up with Altair’s board of directors.

“Shekar brings a wealth of consulting, strategy, and technical know-how in electronics, telecommunications, and software application markets to our board of directors,”said James R. Scapa, creator, chairman, and ceo, Altair.”He has an exceptional performance history of effectively scaling innovation services including both organic and inorganic development.”With more than 25 years of industry experience, Ayyar was most just recently an executive vice president and general supervisor for VMware’s telco and edge cloud organization unit and formerly

held other management positions at VMWare consisting of as the business’s executive vice president of technique and business & development. He is presently the chief executive officer of AdMY Technologies Inc. and an endeavor partner with NTTVC. Prior to signing up with VMware, Ayyar held senior positions at BindView, Instantis, Lucent Technologies, and McKinsey & Company. Prior to McKinsey, he was an assistant professor of electrical engineering at Lafayette College and performed research at Bell Laboratories.”I anticipate joining Altair’s board of directors. Altair is poised for remarkable development moved by its best-in-class, robust, scalable, and technically distinguished platform that unites the

power of simulation, HPC, and AI,”said Ayyar.”Its capability to leverage software and cloud innovation integrated with its entrepreneurial culture is a fantastic asset.” Ayyar earned a master of business administration degree from The Wharton School of the University of Pennsylvania; a PhD and master of science degree in electrical engineering from Johns Hopkins University; and a bachelor’s degree in electrical engineering from the Indian Institute of Technology, Bombay. Altair likewise revealed that Richard Hart has actually resigned from Altair’s board and that Ayyar will fill the vacancy arising from that resignation.

“We wish to reveal our genuine appreciation to Richard for his impressive suggestions throughout his period on the board. His insights were extremely valuable and his service greatly valued,” said Scapa. “He will be missed.”

About Altair (Nasdaq: ALTR)

Altair is an international technology company that supplies software and cloud options in the areas of simulation, high-performance computing (HPC), and expert system (AI). Altair makes it possible for companies throughout broad market sectors to complete more effectively in a connected world while developing a more sustainable future. To find out more, please visit Media Contact Jennifer Ristic!.?.!+1.216.849.3109!.?.!!.?.! Investor

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