- Altair ( NASDAQ: ALTR ) said Tuesday it will acquire RapidMiner , an advanced data analytics and machine learning software provider.
- Terms were not disclosed.
- The acquisition extends the reach and scale of ALTR's data analytics suite.
- RapidMiner reinforces ALTR's data analytics market position in several verticals, especially manufacturing and financial services.
- RapidMiner's cloud platform will be integrated with existing tools, such as Altair Knowledge Studio, Altair SmartWorks, and Altair SLC.
For further details see:
Altair to acquire data analytics firm RapidMiner