Exploring Renesas acquiring Altium, Altium's history, strategic acquisitions, Renesas collaboration with big companies, Altium's cloud focus, and industry news insights including Intel's funding and corporate events humor.
Altium acquired by Renesas for $6 billion, potential competitive advantages and concerns raised, Altium owns Octopart and Tasking
Intel spinning out Altera as separate company to focus on manufacturing and IP businesses, details of spin-off pending, aimed at streamlining operations
Intel secures $10 billion from US Chips Act to boost chip manufacturing capabilities, strengthen US chip supply chain, part of $50 billion initiative to support semiconductor innovation
Deep dives
Altium acquired by Reusus
Altium has been acquired by Reusus, although the deal has not technically happened yet due to regulatory issues. This acquisition has raised concerns about potential competitive advantages and access to customer data. Altium is not only a PCB design company, but also owns Octopart, a popular search engine for electronic components, and Tasking, a compiler and development system for automotive processes. The deal is valued at 6 billion US dollars, marking the largest acquisition of any company on the Australian stock exchange by a Japanese firm.
Intel spinning out Altera
Intel is spinning out its subsidiary, Altera, as a standalone company. This move is part of Intel's strategy to separate its manufacturing and IP businesses. The details of the spin-off, including the name of the new company, are yet to be announced, but it is expected to be a separate entity from Intel while still utilizing Intel's manufacturing base. The spin-off is aimed at streamlining operations and increasing focus on specific areas.
Intel secures $10 billion from the US Chips Act
Intel has secured $10 billion from the US Chips Act, a program aimed at boosting domestic chip manufacturing. The funds will be used to expand Intel's manufacturing capabilities and strengthen the US chip supply chain. This funding comes as part of a $50 billion initiative to support US semiconductor innovation and competitiveness. The investment will further strengthen Intel's position in the market and contribute to the growth of the US semiconductor industry.
Altium acquires Renaissance
Altium, a software company, acquires Renaissance for $5 billion in a deal that is expected to bring together their respective technologies. The acquisition allows Altium to expand its product offerings and enter new markets. Altium's CEO, Aaram Saalakhi, stands to make $650 million from the deal. The company plans to maintain its focus on PCB design and continue paying dividends to shareholders.
Potential changes and impact
It is anticipated that the acquisition will not bring significant changes in the near future. Altium may consider slashing prices to capture a larger market share, but this is uncertain. As Altium is now privately owned by Renaissance, there may be less pressure to meet revenue targets, allowing the company to focus more on tool development. It remains to be seen how this acquisition will affect Altium's existing products, such as CircuitStudio, and whether there will be any changes in pricing or availability.
