IMG to acquire Altair Technologies.

IMG, a technology manufacturing business, agreed to acquire Altair Technologies, manufacturer of special industry machinery. Financial terms were not disclosed. "We are enthusiastic about the addition of Altair to the IMG platform. With Altair now joining Applied Fusion and IMG in this complementary and vertically integrated platform, we look forward to realizing synergies and serving our customers with a broad range of highly differentiated value-added services and world class manufacturing capabilities, together with our continuing commitment to the highest quality standards," Kam Pasha, IMG CEO.