Altair, (Nasdaq: ALTR) a global technology company providing
solutions in data analytics, product development, and
high-performance computing (HPC), today announced the acquisition
of Univa, a leading innovator in enterprise-grade workload
management, scheduling, and optimization solutions for HPC and
artificial intelligence (AI) on-premises and in the cloud.
Altair is a leading provider of HPC workload and workflow
management technology to the manufacturing, weather, research, and
government verticals, and is an innovator in the electronic design
automation (EDA) space. The Univa acquisition enables Altair to
further expand into life sciences and financial services.
“Altair has invested significantly in HPC and cloud technologies
for several years,” said James Scapa, Altair’s chief executive
officer and founder. “The addition of Univa’s technology and its
very experienced team further cements our leadership position in
this fast-moving space.”
Altair and Univa’s solutions optimize throughput and performance
of applications, containers, and services to help hundreds of
companies manage thousands of applications and run billions of
tasks every day to obtain actionable insights and achieve faster
time-to-results.
“The Univa team is thrilled to join the Altair ecosystem and
unleash the power of our technology,” said Fritz Ferstl, chief
technology officer of Univa. “We believe HPC is emerging as a
critical element of digital transformation as it plays a
significant role in all areas of computational science and data
analytics.”
Altair will continue to invest in Univa’s technology to support
existing customers while integrating with Altair’s HPC and data
analytics solutions. These efforts will further enhance the
capability and performance requirements for all Altair customers
and solidify the company’s leadership in workload management and
cloud enablement for HPC.
Univa has two flagship products:
- Univa® Grid Engine® is a leading distributed resource
management system to optimize workloads and resources in thousands
of data centers, improving
return-on-investment and delivering better results
faster.
- Univa Navops Launch simplifies the migration of enterprise
HPC workloads to the cloud while reducing costs as it provides
real-time insights into workloads and spending with complete
visibility to HPC cloud resources.
Univa is headquartered in Chicago, with offices in Canada and
Germany.
About Altair (Nasdaq: ALTR)
Altair is a global technology company that provides software and
cloud solutions in the areas of data analytics, product development
and high-performance computing (HPC). Altair enables
organizations across broad industry segments to compete more
effectively in a connected world while creating a more sustainable
future. To learn more, please visit www.altair.com.
Media Contacts Altair:Corporate Jennifer Ristic
+1.216.849.3109 jristic@altair.com
Altair Europe/The Middle East/AfricaEvelyn Gebhardt+49 7031 6208
0gebhardt@altair.de
Investor Relations The Blueshirt Group Monica
Gould +1 212.871.3927 ir@altair.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/7121d5be-f65a-4269-a36f-a63fcda02af1
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