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: Enhancing trader efficiency with interoperability – Innovative solutions for automated and streamlined trader desktop and workflows

Traders today are expected to navigate increasingly complex markets using workflows that often lag behind the pace of change. Disconnected systems, manual processes, and fragmented user experiences create hidden inefficiencies that directly impact performance and risk management. Firms that can streamline and modernise the trader desktop are gaining a tangible edge – both in speed...

BLOG

Implementing Events-based Trading and Prediction Markets

By Jon Light, Senior Director of Product Management at Devexperts. The current surging interest in prediction markets is leading to a general reevaluation of this type of trading, with many financial services firms now questioning whether to offer events-based trading to their own users. To date, several high-profile firms have moved to incorporate prediction markets...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...