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About Altium
Industries
Hardware
Enterprise Software
Company Size
1-10
Company Stage
IPO
Total Funding
$6.9M
Headquarters
San Diego, California
Founded
1985
Overview
Altium offers software solutions for designing printed circuit boards (PCBs) in the electronic design automation (EDA) industry, with its main product being Altium 365, which supports real-time collaboration and data management. The company serves a wide range of clients, from individual engineers to large corporations in various sectors, and operates on a subscription-based model that provides ongoing updates and support. Altium differentiates itself by offering multiple tiers of software and optional add-on services, catering to different needs in PCB design. The company's goal is to facilitate efficient and collaborative PCB design across diverse industries.
Simplify's Take
What believers are saying
- Growing demand for cloud-based PCB design tools supports Altium's platform growth.
- AI-driven design automation aligns with Altium's innovation focus, optimizing PCB layouts.
- The rise of electric vehicles increases demand for advanced PCB designs, benefiting Altium.
What critics are saying
- Integration challenges with Renesas could disrupt Altium's operations and customer relationships.
- The competitive EDA industry landscape may erode Altium's market share if innovation lags.
- Economic downturns could impact Altium's subscription-based revenue model.
What makes Altium unique
- Altium 365 offers real-time collaboration, enhancing PCB design efficiency and teamwork.
- The acquisition of Part Analytics boosts Altium's supply chain management capabilities.
- Altium's partnership with Mouser Electronics supports electronics education, fostering future customer loyalty.
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Funding
Total Funding
$6.9M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
401(k) Company Match
Paid Holidays
Paid Vacation
Paid Sick Leave
Parental Leave
Flexible Work Hours
Phone/Internet Stipend
Employee Discounts
Company News
Ivan Jurkovic, PHI board member and Altium group CFO, will serve as the acting CEO of PHI during the recruitment process.
Altium, a global leader in electronics design systems, announced today that it has completed the acquisition of Milwaukee-based Part Analytics. Part A
Seoul National University was the 2024 winner of the Form and Function Robotics Challenge. Source: MassRobotics. MassRobotics has announced its third annual Form and Function Robotics Challenge, which is designed to give teams of college students an opportunity to showcase their projects. Teams from anywhere in the world are welcome to enter. “The challenge opens the gates for academics around the world to showcase their novel tech to industry,” said Russell Nickerson, partnership engagement liaison at MassRobotics. “Overall, it’s a great experience for students getting ready for careers in robotics.”
The article reviews notable M&A activities in the electronics industry in 2024. Key transactions include an undisclosed company acquiring Transphorm for approximately $339 million to expand its GaN technology portfolio, and the same company acquiring Altium for AUD 9.1 billion to offer electronics design platforms on the cloud. Siemens acquired Altair for $10 billion to enhance its simulation and AI capabilities. Other notable deals involve Synopsys, onsemi, and SoftBank Group.
Altium launches new Portal for electronics design collaboration.
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About Altium
Industries
Hardware
Enterprise Software
Company Size
1-10
Company Stage
IPO
Total Funding
$6.9M
Headquarters
San Diego, California
Founded
1985
Altium is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today