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Altair added to S&P MidCap 400

2024-06-21

Altair, a global leader in computational intelligence, was added to the S&P MidCap 400 by S&P Dow Jones Indices effective before 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 of 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 organisations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future.