Altair, a global technology company providing solutions in product development, high-performance computing (HPC) and data analytics, announces the acquisition of the Wrap software business from Swedish company Wrap International AB. Wrap is a world-leading software technology for spectrum management and radio network planning for civil and defense organizations.
The operation represents a strategic complement to Altair’s portfolio in high-frequency electromagnetics, fortifying its solutions for areas like wireless communications including 5G, connectivity and IoT.
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 impressive users of Wrap include among many others major defense organizations, telecom authorities, broadcast operators, and public safety organizations.