Altair Announces Completion of Acquisition of RapidMiner
merger, acquisition and takeover
September 16, 2022
TROY, Mich., Sept. 16, 2022 /PRNewswire/ --Altair(Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), has completed the acquisition ofRapidMiner, a leader in advanced data analytics and machine learning (ML) software.
RapidMiner's well-established desktop platform and new-to-market cloud platform (multi-tenant and SaaS ready) strengthens Altair's current end-to-end data analytics (DA) portfolio, which already offers customersthe power to understand, transform, act on, and automate theirdata.
Altair is well positioned to execute on the newly acquired technology and continue to grow its existing business.
About Altair
Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world all while creating a greener, more sustainable future. For more information, visithttps://www.altair.com/.
Media contacts | ||
Altair Corporate | Altair Investor Relations | |
Jennifer Ristic | The Blueshirt Group | |
+1.216.849.3109 | Monica Gould +1 212.871.3927 | |
Altair Europe/The Middle East/Africa | ||
Charlotte Hartmann | ||
+49 7031 6208 0 | ||
SOURCE Altair
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