Autodesk to acquire Altium for AUD$38.50 per share

Autodesk has submitted a proposal to acquire Altium for AUD$38.50 per share.
Autodesk IT eventAltium is a software company headquartered in San Diego, California. The company develops software used by printed circuit board (PCB) designers and electrical engineers at organizations around the world to deliver connected, intelligent products.

The proposed combination would advance Autodesk’s strategy to converge design and make through a unified design, engineering and manufacturing cloud platform that enables greater productivity and sustainability for its customers.