M&A Deal Summary |
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Date | 2024-07-01 |
Target | Metrics Design Automation |
Sector | Internet Software and Services |
Buyer(s) | Altair |
Deal Type | Add-on Acquisition |
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Category | Company |
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Founded | 1985 |
Sector | Information Technology |
Employees | 3,400 |
Revenue | 613M USD (2023) |
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high-performance computing (HPC) and data analytics. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. Altair was founded in 1985 and is based in Troy, Michigan.
DEAL STATS | # |
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Overall | 40 of 40 |
Sector (Internet Software and Services) | 3 of 3 |
Type (Add-on Acquisition) | 35 of 35 |
State (Ontario) | 2 of 2 |
Country (Canada) | 3 of 3 |
Year (2024) | 3 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
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2024-05-01 |
Research in Flight
Auburn, Alabama, United States Research in Flight is a manufacturer of FlightStream®, which provides computational fluid dynamics (CFD) software with a large footprint in the aerospace and defense sector and a growing presence in marine, energy, turbomachinery, and automotive applications. Research in Flight was founded in 2012 and is based in Auburn, Alabama. |
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