Renesas to offer Cloud based PCB design by acquiring Altium

Date: 16/02/2024
Leading Japan based IDM semiconductor chipmaker Renesas acquired Australia based PCB desing software vendor Altium at approximately A$9.1 billion. Through this acquisition, Renesas to offer its customers streamlined electronics design process with improved standardization and speed up electronic product design using Renesas chips.The acquisition brings together Altium's sophisticated cloud platform with Renesas' extensive portfolio of embedded solutions, including high-performance processors, microcontrollers, analog, power, and connectivity chips and help engineers to bring products to market more quickly and efficiently.

Renesas and Altium to create a unified platform for electronics system design and lifecycle management. This platform will integrate various design steps, from component selection to simulation and PCB physical design, at a system level. By consolidating these processes, engineers can achieve greater efficiency and cost-effectiveness in product development. The integrated platform will enable collaboration among stakeholders, including engineers, designers, and third-party vendors. By providing access to a centralized repository of electronic design data and functions, the platform promotes collaboration and digital iteration of design processes, ultimately increasing overall productivity.

PCB design

“Development processes continue to evolve and accelerate. With our Purpose “To Make Our Lives Easier” in mind, our vision is to make electronics design accessible to the broader market to allow more innovation through a cloud-based platform,” said Hidetoshi Shibata, CEO of Renesas. “Addition of Altium will enable us to deliver an integrated and open development platform, making it easier for businesses of all sizes and industries to build and scale their systems. We look forward to working with Altium’s talented team as we continue to invest and drive our combined platform to the next level of value for our customers."

"I strongly believe that electronics is the single most critical industry to building a smart and sustainable world. Renesas’s visionary leadership and commitment to making electronics accessible to all resonates strongly with Altium. Altium’s vision of industry transformation finds its fullest expression in service of this grand vision of Renesas,” said Aram Mirkazemi, CEO of Altium. “Having worked closely with Renesas as a partner for nearly two years, we are excited to be part of the Renesas team as we continue to successfully execute and grow.”

Altium is one of the world’s first printed-circuit board (PCB) design tool providers. Altium 365, Altium’s leading PCB design software creates seamless collaboration across the entire PCB design process.

In Jun 2023, Renesas announced that it has standardized development of all printed-circuit board (PCB) design on the Altium 365.