Japanese semiconductor company Renesas announces new and improved acquisition of software firm Altium for $5.9 billion.

TOKYO – In a landmark deal within the global semiconductor industry, Tokyo-based Renesas Electronics announced its definitive agreement to acquire Altium Limited, an Australian-listed powerhouse in electronics design software, for a staggering A$9.1 billion ($5.91 billion). This strategic acquisition is set to be conducted entirely in cash, showcasing Renesas’ aggressive push into the electronics design … Continue reading Japanese semiconductor company Renesas announces new and improved acquisition of software firm Altium for $5.9 billion.