Altair Buys Univa

Altair announces the acquisition of Univa, an innovator in enterprise-grade workload management, scheduling and optimization solutions for HPC and artificial intelligence (AI) on-premises and in the cloud.

Altair is a provider of HPC workload and workflow management technology to the manufacturing, weather, research and government verticals, and is an innovator in the electronic design automation (EDA) space. The Univa acquisition enables Altair to further expand into life sciences and financial services.

“Altair has invested significantly in HPC and cloud technologies for several years,” says James Scapa, Altair’s chief executive officer and founder. “The addition of Univa’s technology and its very experienced team further cements our leadership position in this fast-moving space.”

Altair and Univa’s solutions optimize throughput and performance of applications, containers and services to help hundreds of companies manage thousands of applications and run billions of tasks every day to obtain actionable insights and achieve faster time to results.

“The Univa team is thrilled to join the Altair ecosystem and unleash the power of our technology,” says Fritz Ferstl, chief technology officer of Univa. “We believe HPC is emerging as a critical element of digital transformation as it plays a significant role in all areas of computational science and data analytics.”

Altair will continue to invest in Univa’s technology to support existing customers while integrating with Altair’s HPC and data analytics solutions. These efforts will further enhance the capability and performance requirements for all Altair customers and solidify the company’s leadership in workload management and cloud enablement for HPC.

Univa has two flagship products:

Univa Grid Engine is a distributed resource management system to optimize workloads and resources in data centers, improving return on investment.

Univa Navops Launch simplifies the migration of enterprise HPC workloads to the cloud while reducing costs as it provides real-time insights into workloads and spending with complete visibility to HPC cloud resources.             

Sources: Press materials received from the company and additional information gleaned from the company’s website.