Altair + Datawatch = interesting opportunities
Yesterday, Altair announced that it wants to acquire/merge with Datawatch, prompting a lot of “who?” and “why?”. Since I hadn’t heard of Datawatch, I did a bit of research — here’s what I learned and why I think this...
Quickie: Altair to acquire Datawatch for analytics
Dashing out the door to an all-day meeting and this pops into the inbox: Altair is merging with really, acquiring) Datawatch, a company that makes data prep, data prediction, and high-volume data visualization technologies that Altair feels will enable it to...
Quickie: Altair acquires SIMSOLID
Taking a break from all things Bentley, Altair just announced that it has acquired SIMSOLID, the company based on the notion that we shouldn’t need to create a mesh in order to run a simulation. Founded by Ken Welch and Victor Apanovitch, they sought to simplify...
Altair: Bells, clouds, platforms and units bring simulation to the masses
If you’ve ever watched the news in the US, at some point you will have seen a company ring the bell at the New York Stock Exchange (Wall Street) or the Nasdaq (further up the island of Manhattan, in Times Square). I’ve never given much thought to who or...
Altair revenue up 17% in Q2 – wow
Q2 was awesome across the CAE landscape. First ANSYS reported solid performance due large deals and sales across its portfolio and now, Altair reports that total revenue was up 17% (17!!! — we don’t see that very often), with software revenue up 22% (even...
Altair to sell more shares in follow-on to last year’s IPO
Altair has only been public for a couple of months but today announced that it’s filed the paperwork for a follow-on public offering of 5,600,000 shares of its Class A common stock, 3,292,580 shares of which will be offered by Altair and 2,307,420 shares offered...
Altair tops targets in Q1, acquires rest of FluiDyna
Altair made several significant announcement over the last week, culminating yesterday with its first quarter results. Quickly, Altair reported Q1 revenue that beat expectations, sending its share price up a couple of percentage points after the announcement hit the...
Altair acquires, extends its Carriots IoT the the edge
The pace of news this week … Altair Engineering just announced that it has acquired the intellectual property of CANDI Controls, Inc. and hired CANDI’s software and technology team. I hadn’t heard of CANDI Controls before, so did a little digging. CANDI,...
