100 SMT007 MAGAZINE I APRIL 2024
Renesas will acquire all outstanding shares of Altium for a cash
price of A$68.50 per share, representing a total equity value of
approximately A$9.1 billion. The acquisition enables two industry
leaders to join forces and establish an integrated and open elec-
tronics system design and lifecycle management platform that
allows for collaboration across component, subsystem, and sys-
tem-level design. The transaction strongly aligns with Renesas'
digitalization strategy and represents the company's first significant step in bringing enhanced
user experience and innovation at the system level for electronics system designers.
The Department of
Defense announced an
award of $11.7 million via
the Defense Production Act
Investment (DPAI) Program
to Ensign-Bickford Aero-
space & Defense (EBAD)
that will provide additional PCBA produc-
tion capacity at their Simsbury, Conn., loca-
tion. EBAD will increase existing capacity and
manufacturing processes to reduce cost and
accelerate PCBA production.
Siemens Digital Industries
Software announced it has
joined the Semiconductor
Education Alliance to help
build and nurture thriving
communities of practice
across the integrated circuit (IC) design and
Electronic Design Automation (EDA) indus-
tries, from teachers and schools to universi-
ties, publishers, educational technology com-
panies and research organizations.
Renesas to Acquire PCB Design Software Leader Altium
Department of Defense to
Expand Manufacturing of PCBA
for Hypersonic Weapons
Siemens Joins Semiconductor
Education Alliance to Address
Skills and Talent Shortage in
Global Semiconductor Industry
TOP TEN
EDITOR'S
PICKS
In business, as in life, it's important to have an open mind. Take the peo-
ple you work with at face value rather than what you are told by politi-
cians and the media. It has always been amazing to me how easy it is to
have resentment toward a people, as a country (or nationality) until you
get up close and personal. Then it is not so easy. Dealing with people face
to face, as human beings and fellow citizens of the world, where you get
to see them as they are, is so much better and more productive. Global
sourcing is a great place to start.
Global Sourcing Spotlight: Global Sourcing is Good for Everyone
Bob Duke
