TROY, Mich., June 20, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, was added to the S&P MidCap 400 by S&P Dow Jones Indices effective prior to the open of trading on Monday, June 24.
Altair was added to the S&P MidCap 400 by S&P Dow Jones Indices. Being added to the S&P 400 is a testament to Altair’s strong and steady growth and its demonstrated leadership in simulation and design, data analytics and AI, and high-performance computing.
"Being added to the S&P 400 represents a significant milestone in Altair’s journey as a public company," said James R. Scapa, founder and chief executive officer, Altair. "It is a testament to our strong and steady growth and our demonstrated leadership in simulation and design, data analytics and AI, and high-performance computing."
The S&P 400 serves as a benchmark for mid-sized companies. The index is designed to measure the performance of 400 mid-sized companies, reflecting the distinctive risk and return characteristics of this market segment.
For more information about Altair, visit www.altair.com.
About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.
Media contacts
Altair Corporate
Altair Investor Relations
Bridget Hagan
Stephen Palmtag
+1.216.769.2658
+1.669.328.9111
Altair Europe/The Middle East/Africa
Charlotte Hartmann
+49 7031 6208 0
This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
