Altair Acquires KSK Analytics; Expands AI Reach in Japan and Asia Pacific

Altair (Nasdaq: ALTR) a global leader in computational intelligence, announced it has acquired KSK Analytics, a Japanese firm that offers strategic consulting and training in AI and data analytics, with a focus on the manufacturing sector. For more than a decade, KSK has been a reseller of the Altair RapidMiner platform for data analytics and AI.

"Altair has had a presence in Japan for nearly thirty years and this acquisition expands our reach and technical depth in data science to better serve the growing AI market in Asia Pacific," said James R. Scapa, founder and chief executive officer, Altair. "KSK's best-in-class training program aligns with Altair's Center of Excellence (COE) approach and delivers an advantage over other vendors in the Japanese market."

The training established by KSK empowers users - particularly non-data scientists - to confidently apply data science methodologies to their everyday problems in engineering and business.

"KSK has offered Altair RapidMiner - the leading data analytics and AI platform - to some of the most forward-thinking customers in Japan," said Yoshiteru Morimoto, chief executive officer, KSK Analytics. "Joining Altair will allow us to further expand our one-of-a-kind training program and make it available to even more users around the world."

Altair RapidMiner is designed to help diverse teams - from data scientists and engineers to business analysts and executives - generate and share data-driven insights across an organization. The platform offers a path to modernization for established data analytics teams as well as a path to automation for teams just getting started.

For more information about Altair RapidMiner, visit altair.com/altair-rapidminer.

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About Altair

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 organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world - all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.