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Altair Engineering ( (ALTR) ) just unveiled an update.
Altair Engineering has undergone a significant corporate restructuring as a result of a merger, effective March 26, 2025. The merger has led to Altair becoming a wholly owned subsidiary of a parent company, with a total consideration of approximately $9.7 billion paid to Altair’s stockholders. This corporate change has resulted in the termination of Altair’s existing credit agreements and the delisting of its Class A Common Shares from NASDAQ. Additionally, there have been changes in the executive leadership, with new appointments for the roles of CEO and CFO.
More about Altair Engineering
YTD Price Performance: 2.32%
Average Trading Volume: 786,920
Technical Sentiment Signal: Sell
Current Market Cap: $9.6B
For a thorough assessment of ALTR stock, go to TipRanks’ Stock Analysis page.