Altair Acquires Univa

Siemens Industry Software Acquires Altair Engineering

March 26, 2025

AI & Machine Learning

Siemens has signed an agreement to acquire Altair Engineering Inc. for $113 per share in cash, valuing the deal at about USD 10 billion. The transaction will combine Altair’s simulation, HPC, data science and AI capabilities with Siemens Xcelerator to create a more comprehensive AI-powered industrial software and digital twin portfolio.

Unaric Acquires Mirage Computer Systems GmbH

November 11, 2023

Software

Unaric has acquired German-based Mirage Computer Systems GmbH to expand its RevOps and Service Cloud application suites on the Salesforce platform. Mirage, an Independent Software Vendor since 1995 known for its CTI Data Connector and Microsoft Teams–to–Salesforce telephony integration, will join Unaric's growing suite of Salesforce-focused products.

Altair Acquires OmniQuest

October 2, 2023

Software

Altair (Nasdaq: ALTR) acquired OmniQuest, a Novi, Michigan-based developer of Genesis, an advanced structural optimization and finite-element analysis software. The deal adds OmniQuest's optimization algorithms and expertise—used across automotive, motorsport (Formula 1) and aerospace applications—to Altair's simulation and AI product portfolio to strengthen its optimization capabilities.

Univerus Acquires Athlete Information Systems Inc.

September 17, 2021

Cloud & SaaS

Univerus Inc. acquired Athlete Information Systems (AIS), a SaaS platform for managing athlete, coach and sports organization compliance, academic and medical information. The AIS team — including founder Jeff Downie — will be integrated into Univerus' Unity product to expand capabilities and provide a more comprehensive offering for post-secondary institutions and sports organizations in Canada.

Altair Acquires Ellexus

September 16, 2020

Software

Altair (Nasdaq: ALTR) has acquired Ellexus, a Cambridge-based developer of I/O analysis tools (Mistral and Breeze) for high-performance computing environments. Altair will integrate Ellexus' technology into its PBS Works storage-aware scheduling capabilities to enhance performance, cloud readiness, and storage diagnostics for HPC, data analytics, AI and ADAS workloads.

Avanade Acquires Altius

March 9, 2020

Data & Analytics

Avanade has acquired London-based Altius, a provider of data performance management and AI solutions on the Microsoft platform, to strengthen its data, AI and managed services capabilities. Altius, which has offices in the Netherlands and India and employs 300+ cloud and data specialists, was a portfolio company of MML Capital Partners, which exited its investment. Financial terms were not disclosed.