ALTR Altair Engineering

Altair Added to S&P MidCap 400

Altair Added to S&P MidCap 400

TROY, Mich., June 20, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: ALTR), a global leader in computational intelligence, was added to the S&P MidCap 400 by S&P Dow Jones Indices effective prior to the open of trading on Monday, June 24.

“Being added to the S&P 400 represents a significant milestone in Altair's journey as a public company,” said James R. Scapa, founder and chief executive officer, Altair. “It is a testament to our strong and steady growth and our demonstrated leadership in simulation and design, data analytics and AI, and high-performance computing.”

The S&P 400 serves as a benchmark for mid-sized companies. The index is designed to measure the performance of 400 mid-sized companies, reflecting the distinctive risk and return characteristics of this market segment.

For more information about Altair, visit .

About Altair

Altair is a global leader in computational intelligence 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. To learn more, please visit .

Media contacts
Altair Corporate

Bridget Hagan

+1.216.769.2658

Altair Investor Relations

Stephen Palmtag

+1.669.328.9111



  
Altair Europe/The Middle East/Africa

Charlotte Hartmann



 


EN
20/06/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Altair Engineering

 PRESS RELEASE

Altair Announces Third Quarter 2024 Financial Results

Altair Announces Third Quarter 2024 Financial Results TROY, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ALTR), today released its financial results for the third quarter and nine months ended September 30, 2024. Immediately prior to the dissemination of this press release, Altair issued a press release announcing that it has entered into a merger agreement with a subsidiary of Siemens pursuant to which Altair will be acquired and stockholders of Altair will receive cash merger consideration as more fully described in that press release. Third Quarter 2024 Financial Re...

 PRESS RELEASE

Altair Signs Definitive Agreement with Siemens to be Acquired for $10....

Altair Signs Definitive Agreement with Siemens to be Acquired for $10.6 Billion Altair Stockholders to Receive $113 Per Share in Cash TROY, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: ALTR), a global leader in computational intelligence, today announced that it has entered into a definitive agreement to be acquired by Siemens, a leading technology company focused on industry, infrastructure, mobility, and healthcare. Altair stockholders will receive $113.00 per share in cash, representing an equity value of approximately $10.6 billion.  The $113.00 per share cash consideration re...

Altair Engineering Inc: 1 director

A director at Altair Engineering Inc sold 13,000 shares at 102.592USD and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...

 PRESS RELEASE

Altair Announces Date of Third Quarter 2024 Financial Results Conferen...

Altair Announces Date of Third Quarter 2024 Financial Results Conference Call TROY, Mich., Oct. 16, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: ALTR), a global leader in computational intelligence, will release its financial results for the third quarter ended September 30, 2024 after the market close on Wednesday, October 30, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company’s third quarter 2024 results and fourth quarter and full year 2024 outlook. A recorded version of this webcast will be available after the call and accessible...

 PRESS RELEASE

Altair Responds to Matrix Capital Management Statement on Altair Holdi...

Altair Responds to Matrix Capital Management Statement on Altair Holdings TROY, Mich., Aug. 20, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: ALTR), a global leader in computational intelligence, today responded to a . “In response to today’s announcement from Matrix Capital Management, we appreciate its strong support over the years and its decision to maintain its full position in Altair, recognizing our long-term strategic value,” said James R. Scapa, founder, chairman, and chief executive officer, Altair. About Altair Altair is a global leader in computational intelligence that provides softw...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch