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2 October, 2020 - 00:39 By Tony Quested

Cambridge company acquired by NASDAQ IT giant

NASDAQ-listed Altair has acquired Cambridge UK software firm Ellexus for an undisclosed sum.

Michigan-headquartered Altair is a global technology company providing solutions in data analytics, product development, and high-performance computing (HPC). Its acquisition of Ellexus will provide the company with additional storage functionality for high-performing computer solutions.

Ellexus, based at St John’s Innovation Centre in Cambridge, created a leading input/output (I/O) analysis tool, which helps customers find and address issues quickly, improving speed accuracy and cloud readiness. 

Its software products, Mistral and Breeze, are used for I/O diagnostics, optimisation, and dependency detection by HPC administrators of large enterprises. Altair plans to integrate them into the storage aware scheduling functionality of Altair PBS Works™.

"Altair continues to expand its reach and capabilities for HPC environments to support important modern workloads including for data analytics, AI and ADAS," said James Scapa, Altair’s chief executive officer and founder. "The acquisition of Ellexus is particularly relevant in these domains as storage aware scheduling for big data applications is critical."

Ellexus founder Dr Rosemary Francis said: "There is no better place for Ellexus’ products to get into the hands of global customers who can immediately benefit. Altair’s growing leadership in HPC is exciting and exactly where I want to be to help grow the business and stretch technology to its limits."

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