Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry
ALTRAltair(ALTR) GlobeNewswire News Room·2024-07-01 19:01

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. The Metrics digital simu ...