Altair signs agreement to acquire metrics design automation inc. expands footprint in eda industry

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.
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