Altair Acquires Cambridge Semantics
April 18, 2024
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.
- Buyers
- Altair
- Targets
- Cambridge Semantics
- Industry
- Data & Analytics
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Altair Acquires RapidMiner
September 16, 2022
Data & Analytics
Altair has signed and completed a definitive agreement to acquire RapidMiner, a provider of low-code data analytics and machine learning software. The acquisition expands Altair's end-to-end data analytics and machine learning capabilities, integrating RapidMiner's desktop and cloud platforms into Altair's analytics portfolio to better serve industries such as manufacturing and financial services.
-
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.
-
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.
-
Alkami Technology Acquires Segmint Inc.
March 28, 2022
Data & Analytics
Alkami Technology, Inc. agreed to acquire Segmint Inc., a provider of financial account and transaction data analytics, to integrate Segmint's machine-learning driven transaction-cleansing and customer insights into Alkami's digital banking platform. The deal, announced March 28, 2022, is expected to close in Q2 2022 for $135.5 million in cash and to expand Alkami's addressable market and cross-selling opportunities.
-
Qlik Acquires Mozaic Data
December 19, 2023
Data & Analytics
Qlik has acquired Mozaic Data, an AI-driven data management technology provider, to accelerate its data-product-oriented capabilities across data quality, governance and a SaaS-based Data Product Catalog. Mozaic founder Sharad Kumar will join Qlik as Regional Head of Data Integration and Quality to help integrate Mozaic’s technology into Qlik’s data integration and analytics portfolio and cloud platform integrations.
-
MarkLogic Acquires Smartlogic
November 23, 2021
AI & Machine Learning
MarkLogic Corporation, a Vector Capital portfolio company, has acquired Smartlogic, a metadata management and semantic AI platform provider. The acquisition brings Smartlogic's Semaphore technology and senior management team into MarkLogic to expand its metadata, semantic AI and information-enrichment capabilities; financial terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.