Engineering software firm Altair explores sale, sources say

23 October 2024, 12:00 am

1 min read

U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. South Korea added $4.39 billion to its foreign exchange reserves in January, lifting the balance to an all-time high, central bank data showed on Monday. The reserves totalled $295.96 billion at the end of last month, with an increase in deposits in foreign currencies offsetting a drop in securities, a table in the Bank of Korea statement showed. REUTERS/Lee Jae-Won (SOUTH KOREA - Tags: BUSINESS)

Altair Engineering’s shares jumped more than 14% on Tuesday after Reuters exclusively reported that the engineering software maker is exploring a sale after receiving acquisition interest.