# Renesas Electronics acquisition of Altium becomes legally effective

The acquisition of Altium by Renesas Electronics has become legally effective as of July 18, 2024.

- Type: Acquisition
- Announced: 2024-07-18
- Where: Australia
- Value: $6.00B (9.10B AUD)
- Status: completed
- Products: electronic design automation software
- 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

- [marketscreener.com](https://www.marketscreener.com/quote/stock/ALTIUM-10353100/news/Altium-Acquisition-by-Renesas-Electronics-Now-Legally-Effective-47417993/), 2024-07-19: "Altium Acquisition by Renesas Electronics Now Legally Effective"
- [evertiq.com](https://evertiq.com/news/56136), 2024-08-01: "Japanese semiconductor company Renesas has completed its buyout of Australian electronics design systems specialist Altium Limited."
- [techmezine.com](https://www.techmezine.com/renesas/renesas-completes-acquisition-altium/), 2024-08-05: "Renesas Electronics Corporation ... and Altium Limited ... today announced the successful completion of the acquisition of Altium by Renesas."

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