Altair, a global technology company providing solutions in data analytics, product development, and high-performance computing (HPC), 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.
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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.”
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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.”
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