Altair completes acquisition of Cambridge Semantics to enhance data analytics and AI offerings
Acquiring Company
Altair
Acquired Company
Cambridge Semantics
TroyBostonSoftwareAerospaceManufacturingSoftwareDescription
Altair, a global leader in computational intelligence, has acquired Cambridge Semantics, a modern data fabric provider, and creator of one of the industry's leading analytical graph databases. This acquisition expands Altair's data analytics and AI offerings, enhancing its capabilities to provide organizations with advanced analytics ecosystems and inject artificial intelligence (AI) into day-to-day business operations.
Quick answer
Altair is acquiring Cambridge Semantics, announced April 18, 2024. Altair is based in Troy, Michigan, United States.
- How much did Altair pay for Cambridge Semantics?
- The deal value was not disclosed.
- What does Altair do?
- Altair Engineering, Inc. is a global technology company providing software and cloud solutions in the areas of product development, high-performance computing (HPC), and data analytics.
- Where are Altair and Cambridge Semantics based?
- Altair is based in Troy, Michigan, United States. Cambridge Semantics is based in Boston, Massachusetts, United States.
- Who are the decision-makers at Altair?
- Fundz holds 1 contact at Altair. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Cambridge Semantics?
Cambridge Semantics was acquired by Altair, based in Troy. The deal was reported on April 18, 2024. Altair Engineering, Inc. is a global technology company providing software and cloud solutions in the areas of product development, high-performance computing (HPC), and data analytics. Altair is privately held and operates in Software.
When did Altair acquire Cambridge Semantics?
Altair's acquisition of Cambridge Semantics was reported on April 18, 2024. Altair, a global leader in computational intelligence, has acquired Cambridge Semantics, a modern data fabric provider, and creator of one of the industry's leading analytical graph databases. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Cambridge Semantics do?
Cambridge Semantics Inc. is a modern data management and enterprise analytics software company. It is privately held, operating in Manufacturing, and is based in Boston.
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