About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Simulation Technology Specialist Acquires Datawatch for $176 Million

Subscribe to our newsletter

Troy, Michigan-based simulation technologies provider Altair has acquired data intelligence specialist Datawatch – along with its Panopticon visualization platform – for $176 million in cash. The move is aimed at bolstering Altair’s offerings in the generic data science and analytics segment, where Datawatch has strong offerings in data prep, data prediction, and real-time high-volume data visualization.

For capital markets users, Datawatch is probably best known for its Panopticon suite of visualization tools. Datawatch acquired Panopticon Software AB of Sweden in August 2013, and recently made Panopticon Streams widely available to Datawatch clients.

Altair plans to apply its patented licensing model to Datawatch’s product set, including Panopticon. According to Dave Simon, SVP of Corporate Talent and Communications at Altair, “The software licensing model is patented and unique — by purchasing a license, you have access to all the units in a portfolio. The average Altair customer uses fourteen pieces of software, so it’s very frictionless.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The future of market data – Harnessing cloud and AI for market data distribution and consumption

Market data is the lifeblood of trading, but as data volumes grow and real-time demands increase, traditional approaches to distribution and consumption are being pushed to their limits. Cloud technology and AI-driven solutions are rapidly transforming how financial institutions manage, process, and extract value from market data, offering greater scalability, efficiency, and intelligence. This webinar,...

BLOG

The AI Co-Pilot: How Wall Street is Really Using AI for a Competitive Edge

The headlines paint a dramatic picture: autonomous AI traders making split-second decisions, rendering human portfolio managers obsolete. But for technology professionals on the ground, the reality of artificial intelligence in capital markets is proving to be both more pragmatic and, in many ways, more powerful. Discussions at A-Team Group’s recent TradingTech Briefing New York revealed...

EVENT

Eagle Alpha Alternative Data Conference, London, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Enterprise Data Management Europe 2010

he US may seem to be ahead of the rest of the world in terms of championing the data management cause with the inclusion of reference data focused items in the Dodd-Frank Act, but Europe is not too far behind. Senior European level officials such as European Central Bank (ECB) president Jean-Claude Trichet have taken...