Japanese chipmaker Renesas to buy Australian software firm Altium for $5.9b

Japanese chipmaker Renesas to buy Australian software firm Altium for $5.9b

Renesas Electronics Corp's chips are pictured at the company's office in Tokyo October 23, 2012. REUTERS/Yuriko Nakao/File Photo

Japanese chipmaker Renesas Electronics on Thursday said it will acquire a 100% stake in Australian design software provider Altium for A$9.1 billion ($5.91 billion) in an all-cash transaction.

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