Company News Summary | 14 Aug 2015
Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified
Altium Announces to Acquire Octopart
08:50:00 | Associate analysts
Original annuncemenet:Altium to Acquire Octopart
Altium announced that it has signed a definitive purchase agreement to acquire Octopart. Octopart's content enables any engineer to easily access comprehensive electronic parts data for more rapid and cost-effective design, sourcing and manufacturing. In addition, the Company has completed the acquisition of Ciiva, a cloud-based electronic component management system that is designed to transform the way that components are controlled and tracked throughout the product lifecycle management process. The acquisition of Ciiva has closed and all of Ciiva's 11 engineers have joined the Company. The acquisition of Octopart is expected to close in late August 2015, subject to customary closing conditions and after the Company has published its final audited results for fiscal 2015.
|This report appeared on www.morningstar.com.au||2021 Morningstar Australasia Pty Limited|
© Copyright 2021 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").