11:42 AM EDT, 10/22/2024 (MT Newswires) -- Altair Engineering ( ALTR ) , an engineering software maker, is exploring a sale after receiving acquisition interest, Reuters reported Tuesday, citing three people familiar with the matter.

Altair is consulting with investment bankers to gauge potential suitors' interest, the people reportedly told Reuters.

Altair did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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