Renesas acquires Altium
Summary
This merger sets the stage for Renesas and Altium to develop an innovative electronics system design and lifecycle management platform. The collaboration is expected to accelerate innovation and lower entry barriers for system designers by reducing development resources and inefficiencies. I want to reaffirm that our commitment to upholding data security and compliance of the Altium customers will continue to be our top priority. With the addition of Altium’s design software and Cloud platform capabilities, we are excited to change the future of electronics system design with Aram and his industry-leading, talented software engineering team” Following the closure of this transaction, Altium has become a wholly owned subsidiary of Renesas. “With Renesas’ support and expertise, we are looking forward to accelerating the cloud-enablement of all industry processes associated with electronics design and development.
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