Altair IPO Closes

TROY — The Troy engineering technology developer Altair Engineering Inc. (Nasdaq: ALTR) Monday announced the closing of its initial public offering. The company said its stock underwriters fully exercised their …

NetRate hires client services director

OKEMOS — NetRate Systems Inc., the Okemos-based developer of software for the insurance industry, has hired Jeff Lewis as director of client services. Lewis has more than 15 years of …