The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Sep. 18, 9:46 AM

Slide #22. Altair Univa

Acquirer: Altair (NASDAQ:ALTR)
Acquiree: Univa
Details: Altair, (NASDAQ:ALTR) a global technology company providing solutions in data analytics, product development, and high-performance computing (HPC), today announced the acquisition of Univa, a leading innovator in enterprise-grade workload management, scheduling, and optimization solutions for HPC and artificial intelligence (AI) on-premises and in the cloud.

Altair Engineering is a technology company providing software and cloud solutions in the areas of product design and development, cloud computing, and data intelligence. Co.'s Software segment includes software and software related services. The software component of this segment includes its portfolio of software products including its solvers and optimization technology products. Co.'s client engineering services (CES), segment provides client engineering services to support its customers with long-term ongoing capability. Co. operates its CES business by hiring engineers for placement at a customer site for specific customer-directed assignments.

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Company Name: 
Altair Engineering Inc
Stock buyback: 
ALTR buyback
Website: 
www.altair.com
Sector: 
Application Software
Number of ETFs Holding ALTR: 
28
Total Market Value Held by ETFs: 
$202.46M
Total Market Capitalization: 
$1.68B
% of Market Cap. Held by ETFs: 
12.07%
 

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