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Semiconductor Giant Renesas Acquires PCB Layout Software Maker Altium for $5.9bn
Accepted submission by Rich https://soylentnews.org/~Rich/
at 2024-08-27 11:35:51
from the expensive-software dept.
The Japanese semiconductor manufacturer Renesas has completed the acquisition of PCB Layout Software Maker Altium (https://www.powerelectronicsnews.com/renesas-acquires-altium-as-part-of-its-digitalization-strategy/ [powerelectronicsnews.com]). Renesas paid $5.9bn for Altium, which had a revenue of $263m in 2023. Along with the PCB software, Renesas now have control of component search website Octopart, which Altium acquired in 2017.
The industry media fails to mention KiCad (http://www.kicad.org/ [kicad.org]), a free PCB software that has become an increasingly serious competition for Altium in recent years. What do Soylentils think about the reasons why Renesas spent such a premium over the core business size?
It's amazing how much better you feel once you've given up hope.
