Altair added to S&P MidCap 400

21 Jun 2024 CW Team

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.

?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.

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.

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