Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry

July 1, 2024

https://www.globenewswire.com/news-release/2024/07/01/2906595/0/en/Altair-Signs-Agreement-to-Acquire-Metrics-Design-Automation-Inc-Expands-Footprint-in-EDA-Industry.html

TROY, Mich., July 01, 2024 (GLOBE NEWSWIRE) — Altair (Nasdaq:ALTR), a global leader in computational intelligence, announced it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation Inc. (Metrics), a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. Closing of the transaction is subject to customary conditions.

Read more at globenewswire.com

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.