Altium (ASX: ALU) Downgraded To Hold On $68.50 Takeover Offer
The Altium (ASX: ALU) share price is sure to pop after the company agreed to a $68.50 takeover offer from Renesas Electronics.
Altium (ASX: ALU)
Altium (ASX: ALU) is a software company focussed on serving designers of the printed circuit boards used in all electronics. The company sells access to its software through both one-off licenses and also in ongoing subscriptions. For example, its older one-off license software is called Altium Designer, whereas the new subscription offering is called Altium365.
Altium also owns other businesses in the PCB ecosystem such as Octopart.
Altium was founded by long-serving CEO Aram Mirkazemi.
Insights From The 2023 Altium (ASX: ALU) AGM
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Altium (ASX: ALU) FY 2023 Result Pleases The Market
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Altium (ASX: ALU) FY 2022 Results And Altium’s Competitive Advantage
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