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Renesas Electronics acquired Altium for $5.9 billion and officially became a wholly-owned subsidiary on August 1, 2024

On August 1, 2024, Renesas Electronics and Altium Limited (" Altium "), a global leader in electronic design systems, announced that # Renesas Electronics has successfully completed the acquisition of Altium #. Renesas announced a definitive agreement to acquire Altium for A $9.1 billion (approximately US $5.9 billion) on February 15, 2024. The merger sets the stage for Renesas and Altium to create an innovative electronic system design and lifecycle management platform. The platform will enable the inte....

2024-08-02 15:58:48 1527 : #RENESAS#Altium#purchase

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