Altair Picks KL As Its New Regional Headquarters

KUALA LUMPUR, Aug 28 (Bernama)-- Altair Engineering Sdn Bhd (Altair), an MSC status company of US-based Altair, has chosen Kuala Lumpur as its new regional headquarters. "The new office, in Kuala Lumpur is significant to Altair's future growth in the region. "We are confident that this expansion will enhance our local presence and help us penetrate new market segments such as electronics and aerospace," said Managing Director for Asean, Australia and New Zealand, Srirangam Srirangarajan in a statement Thursday. He said Malaysia's robust infrastructure, open policy to foreign business, strong talent pool and connectivity with other Asean markets made it the ideal location for Altair's regional operation. "In addition, Malaysia has the potential to produce innovatively designed products that can compete at the international level and Altair is happy to lend its experience and expertise towards achieving this goal. --BERNAMA