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Altair Responds to Matrix Capital Management Statement on Altair Holdings

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Altair (Nasdaq: ALTR), a global leader in computational intelligence, has responded to a statement from Matrix Capital Management. James R. Scapa, Altair's founder, chairman, and CEO, expressed appreciation for Matrix Capital Management's continued strong support and decision to maintain its full position in Altair. Scapa acknowledged that this decision recognizes Altair's long-term strategic value.

The response comes following an announcement made by Matrix Capital Management on August 20, 2024. While the specifics of Matrix's statement are not provided in the press release, it appears to have been significant enough to warrant a public response from Altair's leadership.

Altair (Nasdaq: ALTR), leader globale nell'intelligenza computazionale, ha risposto a una dichiarazione di Matrix Capital Management. James R. Scapa, fondatore, presidente e CEO di Altair, ha espresso gratitudine per il continuo forte supporto di Matrix Capital Management e per la decisione di mantenere la sua posizione totale in Altair. Scapa ha riconosciuto che questa decisione sottolinea il valore strategico a lungo termine di Altair.

La risposta è arrivata dopo un annuncio fatto da Matrix Capital Management il 20 agosto 2024. Sebbene i dettagli della dichiarazione di Matrix non siano forniti nel comunicato stampa, sembra che fosse significativo a tal punto da giustificare una risposta pubblica da parte della leadership di Altair.

Altair (Nasdaq: ALTR), líder global en inteligencia computacional, ha respondido a una declaración de Matrix Capital Management. James R. Scapa, fundador, presidente y CEO de Altair, expresó su agradecimiento por el continuo fuerte apoyo de Matrix Capital Management y por la decisión de mantener su posición completa en Altair. Scapa reconoció que esta decisión destaca el valor estratégico a largo plazo de Altair.

La respuesta llega tras un anuncio realizado por Matrix Capital Management el 20 de agosto de 2024. Aunque los detalles de la declaración de Matrix no se proporcionan en el comunicado de prensa, parece haber sido lo suficientemente significativo como para justificar una respuesta pública del liderazgo de Altair.

알테어 (Nasdaq: ALTR)는 컴퓨팅 지능의 글로벌 리더로서 매트릭스 캐피탈 매니지먼트의 성명에 대해 응답했습니다. 알테어의 창립자이자 회장이자 CEO인 제임스 R. 스카파는 매트릭스 캐피탈 매니지먼트의 지속적인 강력한 지원과 알테어에 대한 전체 포지션 유지를 결정한 것에 대해 감사의 뜻을 전했습니다. 스카파는 이 결정이 알테어의 장기 전략적 가치를 인정하는 것이라고 언급했습니다.

이 응답은 2024년 8월 20일 매트릭스 캐피탈 매니지먼트가 발표한 후에 나왔습니다. 매트릭스의 성명에 대한 구체적인 내용은 보도자료에 제공되지 않았지만, 알테어 리더십에서의 공개적인 응답을 정당화할 만큼 의미 있는 것으로 보입니다.

Altair (Nasdaq: ALTR), un leader mondial en intelligence computationnelle, a réagi à une déclaration de Matrix Capital Management. James R. Scapa, fondateur, président et PDG d'Altair, a exprimé sa gratitude pour le soutien continu et fort de Matrix Capital Management et pour la décision de maintenir sa position totale dans Altair. Scapa a reconnu que cette décision souligne la valeur stratégique à long terme d'Altair.

La réponse fait suite à une annonce faite par Matrix Capital Management le 20 août 2024. Bien que les détails de la déclaration de Matrix ne soient pas fournis dans le communiqué, il semble que cela ait été suffisamment significatif pour justifier une réponse publique de la part de la direction d'Altair.

Altair (Nasdaq: ALTR), ein globaler Marktführer in computergestützter Intelligenz, hat auf eine Erklärung von Matrix Capital Management reagiert. James R. Scapa, Gründer, Vorsitzender und CEO von Altair, äußerte seine Wertschätzung für die anhaltende starke Unterstützung von Matrix Capital Management und die Entscheidung, seine volle Position in Altair beizubehalten. Scapa erkannte an, dass diese Entscheidung den langfristigen strategischen Wert von Altair würdigt.

Die Reaktion erfolgte nach einer Ankündigung von Matrix Capital Management am 20. August 2024. Obwohl die Einzelheiten der Erklärung von Matrix im Pressemitteilung nicht angegeben sind, scheint sie bedeutend genug gewesen zu sein, um eine öffentliche Antwort von der Führungsebene von Altair zu rechtfertigen.

Positive
  • Matrix Capital Management maintains its full position in Altair
  • Recognition of Altair's long-term strategic value by a major investor
Negative
  • None.

TROY, Mich., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, today responded to a statement from Matrix Capital Management.

“In response to today’s announcement from Matrix Capital Management, we appreciate its strong support over the years and its decision to maintain its full position in Altair, recognizing our long-term strategic value,” said James R. Scapa, founder, chairman, and chief executive officer, Altair.

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.

Media Relations
Jennifer Ristic
216-849-3109
jristic@altair.com

Investor Relations
Stephen Palmtag
669-328-9111
spalmtag@altair.com


FAQ

What was Altair's (ALTR) response to Matrix Capital Management's statement?

Altair expressed appreciation for Matrix Capital Management's strong support and decision to maintain its full position in Altair, recognizing the company's long-term strategic value.

Who issued the response on behalf of Altair (ALTR) to Matrix Capital Management?

James R. Scapa, the founder, chairman, and chief executive officer of Altair, issued the response to Matrix Capital Management's statement.

When did Altair (ALTR) respond to Matrix Capital Management's statement?

Altair responded to Matrix Capital Management's statement on August 20, 2024.

What is Altair's (ALTR) primary business focus according to the press release?

According to the press release, Altair is described as a global leader in computational intelligence.

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