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Stock impact report

Altair Signs Reseller Agreement with NEC for PBS Professional™

Altair Engineering Inc. - Class A (ALTR) 
Last altair engineering inc. - class a earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.altair.com/overview
Company Research Source: GlobeNewswire
TROY, Mich., June 17, 2019 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in product development, high-performance computing and data intelligence, has signed a global VAR agreement with multinational technology provider NEC Corporation (NEC; TSE: 6701) to market and sell industry-leading HPC workload manager and job scheduler Altair PBS Professional™. As a result of the agreement, NEC has worldwide rights to bundle the PBS Professional solution with all NEC X86/Linux® systems. This agreement opened the door to another opportunity for Altair and NEC to collaborate on the porting of PBS Professional to support their SX-Aurora TSUBASA Vector Engine Processor. NEC will contribute code to the PBS Professional open source project, and Altair will include this enhancement in future PBS Professional commercial releases. Used by thousands of companies worldwide, PBS Professional — part of the Altair PBS Works™ workload management suite — enables Show less Read more
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