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Altium Acquires Part Analytics
January 22, 2025 | AltiumEstimated reading time: 1 minute
Altium, a global leader in electronics design systems, announced that it has completed the acquisition of Milwaukee-based Part Analytics. Part Analytics provides the electronics industry’s leading AI-powered supply chain management platform, which enables manufacturers to quickly make fully informed decisions for large-scale component planning and procurement, particularly at the enterprise level.
This acquisition will enable the introduction of a component and parts management application into Altium’s highly efficient cloud-based collaboration platform, Altium 365, allowing us to support new groups of customers in supply chain and procurement, including Electronics Supply Chain and Category Managers, further uniting industry stakeholders. The acquisition also achieves strategic synergy with Altium enterprise solutions, offering large-scale supply chain and procurement capabilities for enterprise companies, with a comprehensive parts catalog across entire programs, a critical element in achieving full Electronics Lifecycle Management.
“Altium’s acquisition of Part Analytics represents a further step forward toward our vision of a fully connected electronics value chain and Electronics Lifecycle Management system for enterprise organizations,” said Aram Mirkazemi, President of Altium. “Part Analytics will play an important role in our transformative pursuit of the electronics industry,” he added.
Part Analytics was founded by former GE HealthCare supply-chain leaders, who bring with them deep domain expertise in enterprise-level customers and their procurement requirements. Their robust procurement application was built specifically for electronics to make supply chains more cost efficient, resilient, and agile, enabling more effective supply chain management. Incorporating Part Analytics’ capabilities into Altium’s electronics creation ecosystem will strongly support Altium’s Enterprise-level solution by adding an advanced fulfillment function to our current sourcing capabilities.
Jithendra Palasagaram, Founder & Chief Executive Officer at Part Analytics, said, “By joining Altium, Part Analytics’ electronics supply management platform will become part of a vast, connected electronics creation ecosystem in which customers can more efficiently execute design, sourcing, component acquisition, and lifecycle management through a single platform. Customers can continue to expect the same great product experience and customer support from Part Analytics going forward as part of Altium.”
The acquisition of Part Analytics brings Altium another step forward towards its open electronics system design and lifecycle management platform.
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"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
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From Factory Floor to ‘The Component Store’
07/25/2025 | Marcy LaRont, I-Connect007Daniel Beauvois began his career in PCB manufacturing 15 years ago with zero industry experience—just a willingness to learn. Daniel immersed himself in every step of circuit board production, from hanging out on the factory floor to giving plant tours. Now, as founder of The Component Store, he’s an independent sales rep known for integrity, persistence, and deep technical knowledge. In this interview, Daniel reflects on his journey, the realities of being an outside rep, and what it takes to earn—and keep—a customer’s trust in an ever-evolving electronics industry.
STMicroelectronics Reports Q2 2025 Financial Results
07/24/2025 | STMicroelectronicsSTMicroelectronics N.V., a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the second quarter ended June 28, 2025. This press release also contains non-U.S. GAAP measures.
Würth Elektronik Opens New Location in South Africa
07/24/2025 | Würth ElektronikOn June 1, 2025, a new Würth Elektronik branch opened in Brackenfell, Western Cape, South Africa. The location operates under the name Wurth Electronics South Africa (Pty.) Ltd and will serve local customers, but will also be responsible for the markets of Botswana, Mauritius, Namibia, Tanzania and Zambia.
Beyond Recycling: Reshaping Sustainability in Electronics
07/24/2025 | Marcy LaRont, PCB007 MagazineEnvironmental sustainability, especially for carbon-intensive industries like electronics manufacturing, means businesses are often plagued with various reporting requirements that don’t necessarily address the root problem. To that end, SERI and the Global Electronics Association are teaming up to reshape sustainability in electronics.