Renesas Electronics Corporation completes acquisition of Altium to create innovative electronics system design and lifecycle management platform
Acquiring Company
Renesas Electronics Corporation
Acquired Company
Altium®
Toyosu
San DiegoManufacturingAutomotiveElectronicsManufacturingSoftwareElectronicsProduct DesignDescription
Renesas Electronics Corporation has successfully completed the acquisition of Altium Limited, setting the foundation to create an innovative electronics system design and lifecycle management platform. This platform will integrate and standardize various electronic design data and functions, enhance component lifecycle management, and enable seamless digital iteration of design processes to increase overall productivity. With Altium now a wholly owned subsidiary of Renesas, this acquisition aims to make electronics accessible to a broader market and change the future of electronics system design.
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Frequently asked
Who acquired Altium®?
Altium® was acquired by Renesas Electronics Corporation, based in Toyosu. The deal was reported on August 1, 2024. Renesas Electronics Corporation is privately held and operates in Manufacturing.
When did Renesas Electronics Corporation acquire Altium®?
Renesas Electronics Corporation's acquisition of Altium® was reported on August 1, 2024. Renesas Electronics Corporation has successfully completed the acquisition of Altium Limited, setting the foundation to create an innovative electronics system design and lifecycle management platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Altium® do?
Altium Limited, a part of the Renesas Group and headquartered in San Diego, California, is a global software company accelerating the pace of electronics innovation. It is privately held, operating in Manufacturing, and is based in San Diego.
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