Altair hits record high on Reuters report saying co is exploring sale
** Engineering software maker Altair Engineering's shares ALTR.O hit record-high
** ALTR was last up 9.1% at $103.85
** Co is exploring a sale after attracting takeover interest, Reuters reported
** Cadence Design Systems CDNS.O could be one of the potential bidders for ALTR, which has a market value of $8 bln
** Co is said to be working with investment bankers to gauge interest from buyers
** Including session's moves, ALTR is up 24.9% YTD
Reporting by Rishi Kant in Bengaluru
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