Altair acquires Cambridge Semantics, marrying data analytics and AI with knowledge graph power

Altair, a global leader in computational intelligence, is announcing its acquisition of Cambridge Semantics, a modern data fabric provider and creator of one of the industry’s leading analytical graph databases. This acquisition merges the power of Cambridge Semantics’ graph-powered data fabric technology with Altair’s tools for data analytics and data science, enabling organizations to cultivate a robust DataOps and knowledge foundation—especially for the GenAI era. 

Cambridge Semantics’ knowledge graph technology will be integrated with the Altair RapidMiner platform, a data analytics and AI platform that helps enterprises embark on modernization initiatives. This combination will empower organizations to build advanced analytics environments that merge AI with daily business operations, according to the companies.

“This acquisition adds deep data warehousing expertise to our already strong analytics and data science team, creating an enhanced core group of engineers that understand the entire data lifecycle—from data creation to real impact,” said Srikanth Mahalingam, chief technology officer of Altair. “We are all excited about where this combined team and technology will take us.”

James R. Scapa, founder and chief executive officer of Altair, expanded on the value of this technological marriage, explaining that “knowledge graphs are key pieces of data fabrics; they put the right data in the right hands at the right time. We believe Cambridge Semantics brings the fastest and most scalable knowledge graphs to organizations who have significant data volumes and deep questions.”

“Additionally, knowledge graphs are critical for successful generative AI applications as they provide the business context necessary to ground generative AI models, eliminate hallucinations, and dramatically improve response quality,” Scapa continued. 

“Joining Altair is a natural transition for Cambridge Semantics as we seek to accelerate the pace of our technology adoption,” said Charles Pieper, chairman and chief executive officer of Cambridge Semantics. “Cambridge Semantics has historically been successful with Fortune 500 government, defense, life science, and manufacturing organizations. Bringing Cambridge Semantics to Altair’s broad customer base through the Altair Units business model—and integrating it into Altair RapidMiner—is an exciting prospect for us and for our customers.”

To learn more about this acquisition, please visit https://altair.com/ or https://cambridgesemantics.com/.