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GUEST OPINION by Stuart Strickland, Chief Operating Officer, DUG Technology: High performance computing (HPC) has been a mainstay of research institut...
Modern, turnkey solution offers unprecedented data analytics capabilities through an out-of-the-box, user-ready, plug-and-play offering TROY, Mich., June 28, 2022 /PRNewswire/ -- Altair(Nasdaq: ALTR), a global leader in computational science, high performance computing (HPC) and artificial intelligence (AI), is thrilled to announce it has launched the Altair Unlimited data analytics appliance, an all-in-one turnkey solution, which will democratize enterprise-wide data analytics and empower users to glean more data insights than ever. The Altair Unlimited data analytics appliance - which is bui...
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 granted the initial purchaser of the notes a 13-day option to purchase up to an additional $30 million...
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 rendering, and electronic design debug solutions. "Concept Engineering's advanced, reactive v...
TROY, Mich., June 9, 2022 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, today announced its intention to offer, subject to market conditions and other factors,$200 millionaggregate 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").Altairalso expects to grant the initial purchaser of the note...