Altair Engineering
American multinational company
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May 8 2025 | Altair Engineering was acquired by Siemens for $10.6 billion. |
March 2025 | Acquisition by Siemens was completed. |
2024 | Gartner named Altair a Leader in the Magic Quadrant for Data Science and Machine Learning Platforms. |
October 30 2024 | Altair announced its agreement to be acquired by Siemens. |
October 2023 | Altair acquired OmniQuest, a software company from Novi, Michigan, to further its optimization technology. |
May 2023 | US Court of Appeals issued a favorable ruling in a copyright infringement case pertaining to SAS software. |
March 2023 | Altair rebranded its AI and data analytics product as Altair RapidMiner. |
2021 | Altair relaunched its Startup Program. |
December 2021 | Altair was named one of Investor's Business Daily's Best 100 ESG Companies. |
November 2021 | Altair's PBS Professional workload manager was selected by Argonne National Laboratory for use across their high performance computing systems, including Polaris and Aurora supercomputers. |
November 2021 | Altair was included on Inc. Magazine's 2021 Best-Led Companies list. |
January 2021 | Altair collaborated with Rolls-Royce Holdings on a project using AI and machine learning to improve aero jet engine design process. |
June 2020 | Altair announced software updates for all products to improve workflows and provide access to tools for data analytics, machine learning, and physics. |
2019 | Altair acquired a total of 30 businesses and opened a new office in Greensboro, North Carolina after acquiring the data analytics company Datawatch. |
2018 | Altair formed its Startup Program to make products available to qualified startup companies. |
November 1 2017 | Altair went public with an IPO on the Nasdaq stock exchange, trading under the stock ticker ALTR. The company raised $156 million with share prices starting at $13. |
2016 | Altair acquired Solid Iris Technologies, a company that developed the photorealistic rendering and visualization tool Thea Render. |
2013 | Altair bought out General Atlantic's equity stake in the company. |
2012 | Ilumisys was rebranded as Toggled. |
2011 | Ilumisys' operations were moved to Michigan. |
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