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Altair Announces Pricing of Offering of $200 Million of Convertible Senior Notes

TROY, Mich., June 10, 2022 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, today announced the pricing of $200 million aggregate principal amount of Convertible Senior Notes due 2027 (the "notes") in a private offering (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Altair also gr...
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Altair Expands Electronic System Design Technology with Acquisition of Concept Engineering

TROY, Mich., June 13, 2022 /PRNewswire/ -- Altair(Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), acquired Concept Engineering, the leading provider of electronic system visualization software that accelerates the development, manufacture, and service of complex electrical and electronic systems. Concept Engineering provides automatic schematic generation tools, electronic circuit and wire harness visualization platforms that provide on-the-fly visual re...
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