Altair to acquire Metrics Design Automation.

Altair, a company specializing in computational intelligence that provides software and cloud solutions, agreed to acquire Metrics Design Automation, an advanced, cloud-optimized RTL simulator. Financial terms were not disclosed. "By combining our best-in-class software with Metrics' cloud-based simulation as a service, we are excited to bring this groundbreaking technology to our EDA and semiconductor customers. Altair is unique in our ability to merge simulation with industry-leading workload and workflow optimization technology, serving as a true partner for companies embracing innovative tools and resource delivery models in this highly specialized and high-stakes industry. Customers now have a choice in design verification," James R. Scapa, Altair CEO.