 TROY, Mich., Sept. 27, 2021 GLOBE NEWSWIRE -- Altair Nasdaq: ALTR, a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing, data analytics and artificial intelligence today announced a private placement financing of 200 million from Matrix Capital Management Company LP, one of the Companys largest stockholders, in exchange for 2,935,564 shares of its Class A common stock. Per the terms of the agreement, the shares will be subject to a 1-year lockup period. 