Global PCB Connections: Understanding the General Fabrication Process—A Designer’s Hidden Advantage
Elementary, Mr. Watson: Why Your PCB Looks Like a Studio Apartment
The Shaughnessy Report: A Plan for Floor Planning
Renesas Announces Execution of Facilities Agreement for Altium Acquisition
May 30, 2024 | RenesasEstimated reading time: Less than a minute
As announced in a previous press release, Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, reached an agreement with Altium Limited, a global leader in electronics design systems, in which Renesas will acquire all outstanding shares of Altium, making Altium a wholly-owned subsidiary of Renesas, subject to the satisfaction of certain conditions.
To provide a portion of the funds for the Acquisition, Renesas entered into a loan agreement with a borrowing limit of 1 trillion yen.
While the influence of the transaction on Renesas business performance has not yet been determined at present, Renesas will make an announcement in a timely manner once any material impact is made to its business performance.
Share on:
Testimonial
"Our marketing partnership with I-Connect007 is already delivering. Just a day after our press release went live, we received a direct inquiry about our updated products!"
Rachael Temple - AlltematedSuggested Items
Renesas Announces Expected Loss Resulting from Signing Restructuring Support Agreement with Wolfspeed
06/27/2025 | RenesasRenesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced that it has entered into a Restructuring Support Agreement with Wolfspeed, Inc. and its principal creditors for the financial restructuring of Wolfspeed. As a result, Renesas expects to record a loss as described below.
Renesas Announces Expected Loss Resulting from Signing Restructuring Support Agreement with Wolfspeed
06/24/2025 | RenesasRenesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced that it has entered into a Restructuring Support Agreement with Wolfspeed, Inc. and its principal creditors for the financial restructuring of Wolfspeed. As a result, Renesas expects to record a loss as described below.
Renesas Announces Executive Leadership Team Appointment
06/10/2025 | BUSINESS WIRERenesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced the appointment of Zaher Baidas as Senior Vice President and General Manager of Power, effective July 1, 2025. Zaher will be responsible for overseeing the company’s power management and discrete product portfolios and for driving the execution of Renesas’ global power strategy.
Renesas Partners with Indian Government to Drive Innovation
05/14/2025 | RenesasRenesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced its partnership with the Ministry of Electronics & Information Technology (MeitY), Government of India, to support local startups and academic institutions in the field of VLSI and embedded semiconductor systems.
Renesas, Altium Announce Introduction of Renesas 365, Powered by Altium
03/07/2025 | BUSINESS WIRERenesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, and Altium, a global leader in electronics design software, proudly announce the introduction of Renesas 365, Powered by Altium, a first-of-its-kind industry solution designed to streamline electronics system development from silicon selection to system lifecycle management.