# Renesas to acquire PCB design software leader Altium for A$9.1 billion

Renesas Electronics Corporation has entered into an agreement to acquire Altium Limited, a global leader in electronics design systems, for A$68.50 per share, representing a total equity value of approximately A$9.1 billion.

- Type: Acquisition
- Announced: 2024-02-14
- Where: Australia
- Value: $5.92B (9.10B AUD)
- Status: announced
- Products: PCB design software, electronics design systems
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Renesas Electronics Corporation](https://endata.com/companies/19562.md) (acquirer)
- [Altium](https://endata.com/companies/26573.md) (target)

## Sources

- [altium.com](https://www.altium.com/company/newsroom/press-releases/renesas-acquire-pcb-design-software-leader-altium-make-electronics), 2024-02-15: "The acquisition enables two industry leaders to join forces and establish an integrated and open electronics system design and lifecycle management platform."
- [telecom.economictimes.indiatimes.com](https://telecom.economictimes.indiatimes.com/news/devices/japan-chipmaker-renesas-to-buy-software-company-altium-for-5-9-bln/107705569), 2024-02-15: "Japanese chipmaker Renesas Electronics said on Thursday said it had agreed to buy Australian-listed electronics design company Altium for A$9.1 billion ($5.91 billion) in an all-cash deal."
- [leuze-verlag.de](https://www.leuze-verlag.de/en/news-electronics-production/new-subsidiary-for-semiconductor-company), 2024-03-19: "The acquisition expands Renesas' product portfolio in embedded processors, analog, power and connectivity."
- [mergersight.com](https://www.mergersight.com/post/renesas-s-5-8bn-acquisition-of-altium), 2024-03-22: "On February 14, the Japanese semiconductor company Renesas announced its intention to acquire the Australian PCB design software firm, Altium, for $5.8 billion in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.