Altair Acquires RapidMiner

Altair Acquires Cambridge Semantics

April 18, 2024

Data & Analytics

Altair (Nasdaq: ALTR) has acquired Cambridge Semantics, a provider of knowledge graph-powered data fabric and analytical graph database technology, and will integrate the technology into the Altair RapidMiner platform. The acquisition brings knowledge graph, data governance, data virtualization, and data discovery capabilities to Altair's analytics and data science offerings to accelerate enterprise knowledge graphs and support generative AI use cases.

Siemens Acquires Altair Engineering

March 26, 2025

Software

Siemens AG has completed the acquisition of Altair Engineering Inc. for an enterprise value of approximately USD 10 billion. The deal adds Altair's capabilities in mechanical and electromagnetic simulation, high-performance computing (HPC), data science and AI to Siemens' Xcelerator platform, strengthening Siemens' industrial software and digital twin offerings.

Rapid7 Acquires Minerva Labs

March 15, 2023

Cybersecurity

Rapid7, Inc. acquired Israeli anti-evasion and ransomware-prevention specialist Minerva Labs, Ltd. for approximately $38 million in cash and stock. The acquisition will integrate Minerva's ransomware prevention technology and engineering team into Rapid7's Managed Detection and Response (MDR) offerings to expand prevention and orchestration capabilities across endpoints and cloud environments.

Altair Acquires Metrics Design Automation Inc.

July 1, 2024

Cloud & SaaS

Altair has entered into a definitive agreement to acquire all outstanding capital stock of Metrics Design Automation Inc., a Canadian provider of cloud-native simulation-as-a-service (DSim) for electronic design automation (EDA). The acquisition adds cloud-based digital simulation and scalable design verification capabilities to Altair's Altair One platform, expanding its EDA and semiconductor software offerings; closing is subject to customary conditions.

DataRobot Acquires Algorithmia

July 27, 2021

AI & Machine Learning

DataRobot announced the acquisition of MLOps platform Algorithmia on July 27, 2021, alongside a $300M Series G funding round. The acquisition is intended to deepen DataRobot's MLOps and model-serving capabilities so customers can deploy, manage, and scale ML models (including GPU workloads) in production more effectively.

Altair Acquires World Programming

December 15, 2021

Data & Analytics

Altair (Nasdaq: ALTR) has acquired World Programming, a UK-based provider of WPS Analytics—a data analytics platform that enables execution of SAS-language programs alongside Python, R and SQL. The acquisition expands Altair’s data analytics capabilities and gives customers access to World Programming’s ~500 enterprise customers and technology for hybrid, multi-language analytics workflows.