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(Adds Japanese M&A activity in the 11th paragraph, executive comment in the 13th)
By Sam Nussey and Kantaro Komiya
TOKYO, Feb 15 (Reuters) - Japanese chipmaker Renesas Electronics on Thursday announced a $5.9 billion all-cash deal to buy electronics design software firm Altium , its second acquisition in a month, as it works to streamline device design.
Renesas said on Thursday it will pay A$68.50 a share for Altium in a 34% premium to its Wednesday closing price, with the purchase financed w...
>>> Read more: UPDATE 4-Japan chipmaker Renesas to buy software company Altium for $5.9 bln
By Sam Nussey and Kantaro Komiya
TOKYO, Feb 15 (Reuters) - Japanese chipmaker Renesas Electronics on Thursday announced a $5.9 billion all-cash deal to buy electronics design software firm Altium , its second acquisition in a month, as it works to streamline device design.
Renesas said on Thursday it will pay A$68.50 a share for Altium in a 34% premium to its Wednesday closing price, with the purchase financed w...
>>> Read more: UPDATE 4-Japan chipmaker Renesas to buy software company Altium for $5.9 bln
