Renesas Electronics’ $4.28 Billion Bet on Altium Achieves First Major Milestone!
Last year, when the Japanese semiconductor giant Renesas Electronics acquired the electronic design automation (EDA) giant Altium for $5.91 billion (approximately 428 billion RMB), the industry was concerned about the high premium paid—this price was not only nearly 50% higher than Autodesk’s $4 billion offer for Altium in 2021, but also raised doubts about whether … Read more