Altium Explained

Altium Limited
Type:Subsidiary
Founder:Nick Martin[1]
Location:La Jolla, California,
United States
Chatswood, New South Wales, Australia (registered)
Industry:EDA, Printed circuit board, FPGA, Embedded Systems, Electronics Design
Area Served:United States
Australia
China
Europe
Japan
Products:Altium Designer, Altium Concord Pro, Altium NEXUS, Vault, CircuitStudio, CircuitMaker, TASKING, Octopart, Ciiva, Upverter, Altium 365
Revenue: (2023)
Operating Income: (2023)
Net Income: (2023)
Assets: (2023)
Equity: (2023)
Parent:Renesas Electronics (2024–)
Footnotes:Financials .[2]

Altium Limited is an Australian[3] multinational software company that provides electronic design automation software to engineers who design printed circuit boards. Founded as Protel Systems Pty Ltd in Australia in 1985, the company has regional headquarters in the United States, Australia, China, Europe, and Japan. Its products are designed for use in a Microsoft Windows environment and used in industries such as automotive, aerospace, defence and telecommunications. Its flagship product, Altium Designer, is a software for unified electronics design. Since August 2024, Altium is a subsidiary of Renesas Electronics.

History

1985–1991: Early history

The history of Altium dates to 1985 with the founding of Protel Systems Pty Ltd by electronics designer Nicholas Martin. He was working at the University of Tasmania in the 1980s. He saw an opportunity to make the design of electronics product affordable, by marrying the techniques of electronics design to the PC platform. The company launched its first product in 1985, a DOS-based printed circuit board (PCB) layout and design tool.[4] Protel PCB was marketed internationally by HST Technology Pty Ltd. since 1986.

In October 1986 the San Diego-based ACCEL Technologies, Inc. acquired marketing and support responsibilities of the PCB program for the US, Canada and Mexico under the name Tango PCB. In 1987, Protel launched the circuit diagram editor Protel Schematic for DOS. This was followed by Autotrax and Easytrax in 1988.

In the 1990s, the company began developing a unified electronics design system, which uses a single data model to hold all of the design data required to create a product. FPGA, PCB and embedded software development processes were unified with a common project view and data model. A variety of editing tools could then be used to access and manipulate the design, covering areas such as board layout and design, schematic capture, routing (EDA), testing, analysis and FPGA design.[5]

In 1991, Protel released Advanced Schematic/PCB 1.0 for Windows, the world's first Windows-based PCB design system.[6] It also began acquisition of various companies with the technologies needed to create a unified electronics design solution,[7] including Accolade Design Automation in 1998.[8]

1999–2010: IPO and name change to Altium

In August 1999, Altium went public on the Australian Securities Exchange under symbol (ASX:PRI). The company continued to develop and release new versions of this design tool, including Protel 98 in 1998, Protel 99 in 1999 and Protel 99 SE in 2000. In 2000, Altium acquired ACCEL with whom they previously partnered with in 1986.[9]

In 2001, the company changed its name from Protel Systems to Altium and continued to expand throughout the United States, Europe, and Asia. It also made more acquisitions including embedded software developer Tasking in 2001 for A$73.4 million[10] and EDA software distributor Hoschar AG in 2002.[11]

Protel DXP was issued in 2003, Protel 2004 in 2004, Altium Designer 6.0 in 2005. In 2010, Altium acquired Morfik Technology Pty Ltd., a developer of visual design tools for engineering and deploying cloud-based software applications. Morfik's founders originally worked for Altium/Protel before leaving to found the company after Altium's IPO.[12] [13]

2011–present: Expansion and acquisitions

In 2011, Altium announced it would be expanding its presence in Shanghai, China in the second half of 2011 to take advantage of lower wages.[14]

On October 15, 2012, the Altium board removed Nick Martin as CEO and named executive vice chairman Kayvan Oboudiyat to replace him.[15] On January 16, 2014, Altium announced Kayvan Oboudiyat's retirement and succession by Aram Mirkazemi as CEO.[16] In May of the same year, Altium announced that the core R&D operations for its flagship PCB CAD tools would again relocate in a "cost neutral" move to San Diego, California.[17]

In 2015, Altium acquired Octopart, a search engine for electronic and industrial parts.[18] [19] The same year, it acquired the cloud-based electronic component management system company Ciiva.[20] Additional acquisitions by the company have included enterprise PLM integration solutions provider Perception Software in 2016[21] and cloud-based EDA tool company Upverter in 2017.[22] [23]

On 7 June 2021, it was revealed that Altium rejected a bid from Autodesk, who had already bought the EDA tool EAGLE in 2016,[24] valuing the company at .[25]

In February 2024, Renesas Electronics agreed to acquire Altium for US$5.9 billion.[26] [27] The acquisition was completed in August 2024, with Altium becoming a subsidiary of Renesas Electronics.[28]

Products

Altium develops software that is used for designing of electronic products including printed circuit board. Its products are designed for use in a Microsoft Windows environment and used in industries such as automotive, aerospace, defense, and telecommunications.[29]

Altium Designer

See main article: Altium Designer. Altium Designer is a PCB and electronic design automation software package for printed circuit boards. It allows engineers to design and customize their own circuit boards. Altium Designer is considered the flagship software of the company.[30]

Autotrax / Easytrax

See main article: Autotrax. AutoTRAX is the original Protel PCB design software used for DOS, released in the 1980s.

CircuitMaker

See main article: CircuitMaker. CircuitMaker is electronic design automation software for printed circuit board designs targeted at the hobby, hacker, and maker community.[31] [32] CircuitMaker is available as freeware, and the hardware designed with it may be used for commercial and non-commercial purposes without limitations.[33] The first non-beta version was released on January 17, 2016.[34]

Other products

See also

Further reading

Notes and References

  1. http://www.fpgajournal.com/articles_2005/20050201_martin.htm Nick Martin Executive Focus
  2. Web site: Altium FY2023 Annual Report . February 14, 2024 . Altium.
  3. Web site: Contact Us - Altium .
  4. Web site: Nick Martin. semiengineering.com. 2017-12-06. 7 December 2017. https://web.archive.org/web/20171207020506/http://semiengineering.com/kc/people.php?pid=11492. dead.
  5. Web site: Morris . Kevin . Altium's Alternative: Turning System Design Inside Out . FPGA and Structured ASIC Journal . 2007-07-19 . 2009-03-05 . https://web.archive.org/web/20090311063044/http://fpgajournal.com/articles_2007/20070619_altium.htm . 11 March 2009 . dead . dmy-all .
  6. Book: Tomorrow's world: the Australian initiative . Associated Publishing Corporation (APC) . 1995 . North Sydney . 0-646-25348-4.
  7. Web site: ALTIUM LIMITED (ALU)-ASX Listed Company Information Fact Sheet . Australian Securities Exchange . 2009 . 2009-03-04 . https://web.archive.org/web/20090219130148/http://asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=ALU . 19 February 2009 . dead .
  8. Book: Pellerin, David. VHDL Made Easy. 1996. Prentice Hall. Duvall, WA. 0136507638. 432. registration.
  9. Web site: Santarini . Michael . Protel buys Accel Technologies . EE Times . 25 March 2021.
  10. Web site: Altium. Pty Ltd . Altium Annual report 2001 . Altium. 2001-06-30 . 2012-02-14 .
  11. Web site: Altium . Ltd . Media Release July 17, 2002 . Altium . 2002-07-17 . 2013-09-26 .
  12. Web site: Martin. Nick . Morfik and Altium . Morfik . 2010-10-08 . 2012-02-14 .
  13. Web site: Yousofi . Siamack . Morfik: Past, Present and Future . Morfik . 2010-10-08 . 2012-02-14 . https://web.archive.org/web/20121008114653/http://blog.morfik.com/2010/09/23/morfik-past-present-and-future/ . 2012-10-08 . dead .
  14. Web site: Altium to Relocate its Global Headquarters to Shanghai, China . 2011-06-24 . https://web.archive.org/web/20111004203442/http://altium.com/files/corp/investor/pdfs/Altium_to_relocate_its_global_HQ_to_China.pdf . 2011-10-04 . dead .
  15. Web site: Printed Circuit Design & Fab Online Magazine - Home. pcdandf.com.
  16. Web site: Kayvan Oboudiyat announces retirement . 2014-07-24 . https://web.archive.org/web/20140729013001/http://www.altium.com/resources/investor_announcement/asx_releases/ASX%20Announcement%20Aram%20Mirkazemi%20to%20succeed%20Kayvan%20Oboudiyat.pdf . 2014-07-29 . dead .
  17. Web site: Newsroom - Press Releases. www.altium.com.
  18. Web site: Wurzel . Sam . Octopart is Joining Altium . Octopart. 2015-08-13 . 2015-08-13 .
  19. Web site: Altium says to acquire octopart . Reuters . 2015-08-13 . 2015-08-13 .
  20. Web site: Altium Acquires Ciiva . Ciiva . 2015-08-13 . 2015-08-13 .
  21. Web site: Altium Announces the Acquisition of Industry-Leading Enterprise PLM Integration Provider. www.altium.com. en. 2017-06-07. 10 March 2018. https://web.archive.org/web/20180310164356/http://www.altium.com/company/newsroom/press-releases/altium-announces-acquisition-industry-leading-enterprise-plm. dead.
  22. Web site: Altium Full Year Investor Presentation. www.altium.com. en. 2017-08-28. 6 February 2022. https://web.archive.org/web/20220206135134/https://www.altium.com/resources/investor-announcement/investor_full_year_presentation_august_2017.pdf. dead.
  23. Web site: Upverter Joins Altium. Zak. Homuth. 28 August 2017.
  24. Web site: Sale of CadSoft . 2016-07-07 . dead . https://archive.today/20160724042833/http://www.premierfarnell.com/content/sale-cadsoft-0 . 2016-07-24.
  25. Web site: Manekar . Sameer . Duran . Paulina . Software maker Altium rejects $3.9 billion takeover bid from Autodesk . 7 June 2021 . 7 June 2021 . Reuters.
  26. News: Nussey . Sam . February 14, 2024 . Japan chipmaker Renesas to buy software firm Altium for $5.9 bln . Reuters . 2024-02-15.
  27. Web site: Renesas can acquire Altium . 2024-05-14 . Press releases . . Bonn, Germany . 2024-06-28 . live . https://web.archive.org/web/20240628122851/https://www.bundeskartellamt.de/SharedDocs/Meldung/EN/Pressemitteilungen/2024/14_05_2024_Halbleiter.html . 2024-06-28. https://web.archive.org/web/20240628122522/https://www.bundeskartellamt.de/SharedDocs/Meldung/DE/Pressemitteilungen/2024/14_05_2024_Halbleiter.html
  28. Web site: Renesas completes acquisition of Altium . 1 August 2024 . New Electronics . Tyler . Neil.
  29. News: Goodman . Caterer . Internet Of Things Driving Altium . Seeking Alpha . 24 April 2021.
  30. News: Likitkunawong . Saran . Why the Altium share price is skyrocketing in 2019 . The Motley Fool . 24 April 2021.
  31. Web site: Altium Gives Away The Farm With New CircuitMaker Software . 20 June 2015 . 24 November 2015 . Graves . George . Hackaday.
  32. Web site: CircuitMaker From Altium . 24 September 2015 . Hackaday . Fabio . Adam . 24 November 2015.
  33. Web site: CircuitMaker FAQs . 24 November 2015 . No, there is no licensing to worry about, and no subscription to maintain. The original version of CircuitMaker (latest edition was CircuitMaker200) always came with a free version targeted towards the educational market. The current version of CircuitMaker is totally free, giving you all the tools to think big and make cool stuff, with features and functionality to facilitate creation of diverse and challenging designs..
  34. Web site: CircuitMaker . 24 November 2015.
  35. Web site: Altium Designer 20 and the Altium 365 Platform . Elektor Mag.
  36. Web site: Bridging the Gap Between Mechanical and Electrical Design . Electronics Design. 14 August 2021 .
  37. Web site: Altium Concord Pro - A Components Library Management System. Altium.
  38. Web site: Altium | NEXUS. www.altium.com.
  39. Web site: Altium CircuitStudio review: The glory. Rako. Paul. EDN Network.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Altium".

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