Altair Mergers and Acquisitions Summary

Information TechnologyCompany

Altair has acquired 37 companies, including 22 in the last 5 years. A total of 1 acquisition came from private equity firms.

Altair’s largest acquisition to date was in 2018, when it acquired Datawatch for $176M. Altair has acquired in 9 different US states, and 13 countries. The Company’s most targeted sectors include software (73%) and information technology (19%).

Join Mergr and gain access to Altair’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the information technology sector.

M&A Summary

  • M&A Total Activity37
    • M&A Buy Activity37
  • Total Sectors Invested 4
  • Total Countries Invested 13
  • M&A Buy/Sell Connections 5
  • M&A Advisors 2

Altair

Altair Engineering, Inc.

1820 East Big Beaver Road,
Troy, Michigan 48083
United States,
(248) 614-2400
www.altair.com

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.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (3.6/yr) # 19 3 5 3 5 2 37
vol $176M $176M
Sell (0.0/yr) # - - - - - - 0
  37

Most Recent M&A

Company Date Value Type
OmniQuest, Inc. 2023-10-02 - Add-on Acquisition
Colorado Springs, Colorado · www.omniquest.com
OmniV 2023-07-27 - Divestiture
, Michigan
RapidMiner, Inc. 2022-09-13 - Add-on Acquisition
Boston, Massachusetts · www.rapidminer.com
Concept Engineering GmbH 2022-06-13 - Add-on Acquisition
Freiburg, Germany · www.concept.de
Gen3D ltd. 2022-06-06 - Add-on Acquisition
Bath, United Kingdom · www.gen3d.com
Powersim, Inc. 2022-03-03 - Add-on Acquisition
Rockville, Maryland · www.powersimtech.com
Cassini 2022-02-16 - Add-on Acquisition
Hyderabad, India
World Programming 2021-12-15 - Add-on Acquisition
Hampshire, United Kingdom · www.worldprogramming.com
S-FRAME Software, Inc. 2021-08-10 - Add-on Acquisition
Richmond, British Columbia · www.s-frame.com
Flow Simulator 2021-02-24 - Divestiture
Evendale, Ohio
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 27 (73%) 176M (100%) - -
Information Technology 7 (19%) - - -
Internet Software and Services 2 (5%) - - -
Business Services 1 (3%) - - -
Total 37 $176M - -

By Geo

State/Country Buy Value Sell Value
United States 14 176M - -
  Massachusetts 3 176M - -
  California 3 - - -
  Michigan 2 - - -
  Virginia 1 - - -
  Ohio 1 - - -
  Maryland 1 - - -
  Illinois 1 - - -
  Colorado 1 - - -
Germany 4 - - -
United Kingdom 4 - - -
France 3 - - -
Canada 2 - - -
  Ontario 1 - - -
  British Columbia 1 - - -
South Korea 2 - - -
Spain 2 - - -
Finland 1 - - -
Greece 1 - - -
India 1 - - -
Italy 1 - - -
South Africa 1 - - -
Sweden 1 - - -
Domestic 14 (38%) 176M (100%) - -
Cross-border 23 (62%) - - -
Total 37 $176M - -

Top M&A Advisors

Legal Deals
Choate Hall & Stewart LLP
1
Lowenstein Sandler LLP
1

Deal Values

buy # Total
$100M to $1B 1 $176M
TOTAL $176M
Largest Datawatch Corp.
$176M (2018-11-05)

M&A Connections

Deals
Acquired from
Investor(s)
3%
1 (3%)
Strategic(s)
11%
4 (11%)

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