Altair Acquires Univa

TROY, Mich., Sept. 14, 2020 (GLOBE NEWSWIRE) -- 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/Africa
Evelyn Gebhardt
+49 7031 6208 0
gebhardt@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

Primary Logo

Altair acquires Univa

Altair acquisition of Univa solidifies Altair’s leadership in workload management and cloud enablement for high performance computing



Review Article Be the first to review this article


Featured Video
Jobs
GPS and Mobile GIS Sales Development for Duncan-Parnell Inc. at Charlotte, North Carolina
Regional Sales Manager (Eastern North America) for Teledyne Optech at Kiln, Mississippi
GIS Manager for City of Vancouver at Vancouver, Washington
GIS Sales and Business Development for Duncan-Parnell Inc. at Ashland, Virginia
Engineer III - Hydraulics for State of Nebraska at Lincoln, California
GIS Analyst for County of Bernalillo at Albuquerque, NM, New Mexico
Upcoming Events
GI_Forum 2021 | re.connecting spatially at Salzburg Austria - Jul 5 - 9, 2021
InterDrone 2021 at Hyatt Regency Dallas TX - Aug 10 - 12, 2021
URISA GIS Leadership Academy at 701 Lee St #960 Des Plaines IL - Aug 16 - 20, 2021
8th International Scientific Conference on SOCIAL SCIENCES (ISCSS) 2021 at Congress Centre MARITIM PARADISE BLUE Albena Bulgaria - Aug 21 - 30, 2021
University of Denver GIS Masters Degree Online
UAV Expo2021 -Register   & save



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise