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Altair Announces Completion of Acquisition of RapidMiner

Altair Announces Completion of Acquisition of RapidMiner

Altair, a global leader in computational science and artificial intelligence (AI), has completed the acquisition of RapidMiner, a leader in advanced data analytics and machine learning (ML) software.

RapidMiner’s well-established desktop platform and new-to-market cloud platform (multi-tenant and SaaS ready) strengthens Altair’s current end-to-end data analytics (DA) portfolio, which already offers customers the power to understand, transform, act on, and automate their data.

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Altair is well positioned to execute on the newly acquired technology and continue to grow its existing business.