Altair Engineering Inc. /
RapidMiner Inc.
Altair to acquire data analytics company RapidMiner
- Price
- $100m
- Stage
- Agreement signed
What happened
Altair Engineering Inc. agreed to acquire RapidMiner Inc., whose platform supports enterprise data analytics and machine learning software.
The merger consideration is approximately $100 million in cash, subject to adjustments for debt repayment, transaction expenses and working capital arrangements.
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Altair to acquire data analytics company RapidMiner
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