Who dares wins it seems. US company Altair has acquired World Programming (WP) as it seeks to be a bright star in the realms of the SAS language and data analytics software.
Financial details were not disclosed. WP is based in Hampshire and its software is used by various firms, including financial services and insurance organisations. Customers on its site include AXA, KPMG, IBM, Mastercard, Moody’s, Equifax, Boots, KeyBank, LexisNexis and Fidelity International.
It appears the UK jobs of the 77 employees listed on LinkedIn at WP are safe.
“We are excited to integrate WP’s exceptional team and technology into Altair and see this acquisition as a significant opportunity to help companies transition to hybrid architectures using modern, open technologies and languages while preserving, protecting, and leveraging the best elements of existing technology such as the SAS language,” explains James R. Scapa, Founder and CEO of Altair.
According to Altair, WP has a customer base of approximately 500 enterprise customers worldwide.
The acquisition will “strengthen Altair’s foothold” in several industries including financial services, insurance, healthcare, manufacturing, asset management, telecommunications, retail, energy, and consumer products.
The acquisition includes WP’s flagship product, WPS Analytics, which provides scalable data manipulation and analytics.
Altair points out several notable features. For instance, there is the ability to run programs written in SAS language syntax without the need to install any third-party products; and support for SQL, Python, R and Hadoop.
WP’s software will be integrated into Altair’s data analytics solutions suite and available via Altair Units, which allows access to Altair’s entire portfolio of software solutions.