Altair (ALTR) Intends to Buy Metrics, Expands in the EDA Market
ALTRAltair(ALTR) ZACKS·2024-07-03 02:25

Altair Engineering Inc. (ALTR) entered into a deal to acquire Metrics Design Automation Inc., a Canadian company with a game-changing simulation as a service business model for semiconductor electronic functional simulation and design verification.Metrics digital simulator, DSim, and Altair's Silicon Debug Tools, together, will provide superior simulation and debug capabilities, thereby creating a world-class, advanced simulation environment in the EDA and semiconductor space.The cloud-based business model ...