TROY, Mich., June 20, 2024 /PRNewswire/ -- Altair [https://c212.net/c/link/?t=0&l=en&o=4193844-1&h=194291177&u=https%3A%2F%2Fwww.altair.com%2F&a=Altair] , 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.
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"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 [https://c212.net/c/link/?t=0&l=en&o=4193844-1&h=349920251&u=http%3A%2F%2Fwww.altair.com%2F&a=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 [https://c212.net/c/link/?t=0&l=en&o=4193844-1&h=714792904&u=https%3A%2F%2Fwww.altair.com%2F&a=www.altair.com].
Media contacts --- Altair Corporate Altair Investor Relations --- Bridget Hagan Stephen Palmtag +1.216.769.2658 +1.669.328.9111 corp-newsroom@altair.com ir@altair.com --- Altair Europe/The Middle East/Africa --- Charlotte Hartmann +49 7031 6208 0 emea-newsroom@altair.com ---
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