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Altair Acquires Datawatch

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

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