# Renesas completes acquisition of Transphorm

Renesas Electronics Corporation completed the acquisition of Transphorm, Inc. on June 20, 2024. The acquisition accelerates Renesas' wide bandgap product offering, including GaN-based power products and reference designs.

- Type: Acquisition
- Announced: 2024-06-20
- Where: United States
- Status: completed
- Products: GaN-based power semiconductors, wide bandgap devices
- 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)
- [Transphorm](https://endata.com/companies/40965.md) (target)

## Sources

- [powerelectronicsnews.com](https://www.powerelectronicsnews.com/renesas-has-finalized-the-acquisition-of-transphorm/), 2024-06-21: "Renesas Electronics Corporation completed the acquisition of Transphorm, Inc. on June 20, 2024."
- [nasdaq.com](https://www.nasdaq.com/press-release/renesas-and-altium-announce-conclusion-regulatory-review-renesas-proposed-acquisition), 2024-07-01: "The approval by CFIUS was the last outstanding regulatory authorization required to complete the transaction."
- [brandsreviewmagazine.com](https://brandsreviewmagazine.com/news/renesas-completes-acquisition-of-altium/), 2024-08-01: "This is a historical milestone for both Renesas and Altium as we take another important step forward in bringing enhanced user experience for electronics system designers."

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