M&A Deal Summary |
|
|---|---|
| Date | 2019-10-10 |
| Target | Polliwog Co. |
| Sector | Software |
| Buyer(s) | Altair |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| 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, and data analytics. Altair was founded in 1985 and is based in Troy, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 40 |
| Sector: Software M&A | 16 of 28 |
| Type: Add-on Acquisition M&A Deals | 19 of 35 |
| Country: South Korea M&A | 1 of 2 |
| Year: 2019 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-01 |
TES International
Troy, Michigan, United States TES International provides cross-industry software solutions for thermal design and packaging, custom programming, general heat transfer, stress and vibration analysis, and computational fluid dynamics (CFD). TES International's main CFD software, ElectroFlo, is an electronics cooling package designed for high power-density applications. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-07 |
DEM Solutions
Edinburgh, United Kingdom DEM Solutions Ltd. (EDEM) software is used for simulation and development of equipment that handles or processes bulk material and is based in Edinburgh, UK with offices in Japan, Korea, and the US. |
Buy | - |