Dan's Biz Bookshelf: 'Move Your Bus'
Driving Innovation: Direct Imaging vs. Conventional Exposure
It’s Only Common Sense: Selling to Today's Generation of Buyers
Renesas Announces Subsidiary Changes Following Altium Acquisition
August 26, 2024 | RenesasEstimated reading time: Less than a minute
As announced in the press release “Renesas Completes Acquisition of Altium” issued on August 1, 2024, Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, completed the acquisition of Altium Limited, a global leader in electronics design systems.
In order to execute this acquisition, Renesas established Renesas Electronics Australia Pty Ltd and Renesas Electronics NSW Pty Ltd as subsidiaries of Renesas and conducted capital increases for both companies.
After a careful internal review, it was determined that the post-increase capital of both subsidiaries exceeded 10% of Renesas’ capital, classifying them as specified subsidiaries. It was also identified that the required disclosure related to this matter was omitted at the time of the decision-making. Therefore, Renesas hereby reports the capital increase and the changes in specified subsidiaries as oulined here.
Share on:
Suggested 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.