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Japan chipmaker Renesas to buy software firm Altium for $5 9 billion

TOKYO :Japan's Renesas Electronics on Thursday said it would buy electronics design firm Altium for $5.9 billion in cash, as the acquisitive automotive chipmaker looks to offer digital device design to customers.The acquisition places Renesas at the forefront of dealmaking and investment in Japan's chips indu

Chipmaker Renesas Electronics to Buy Altium in $5 9 bn Deal

Chipmaker Renesas Electronics to Buy Altium in $5 9 bn Deal
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Japan chipmaker Renesas to buy software firm Altium for USD 5 9 bn, ET Auto

Chipmaker: The acquisition places Renesas at the forefront of dealmaking and investment in Japan s chips industry, with the government making efforts to improve competitiveness and boost supply chain resilience against geopolitical shocks.

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