Renesas Acquires Altium: A Strategic Move in the AI Market
Sunday, 7 April 2024, 15:31
Renesas looks for a software boost
Renesas, an integrated device manufacturer, seeks to enhance its software capabilities by acquiring Altium, a notable EDA software provider.
Big wave of AI on the horizon
Renesas anticipates a surge in demand for sophisticated hardware to support AI systems embedded in devices across different industries.
- Opportunity: Potential growth in software and digital tools market.
- Challenge: Hefty acquisition cost for Altium.
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