ULM, GERMANY – Zuken has expanded its sales and training facilities here to meet demand for its electrical and wire harness design software.
Read more ...ATLANTA, GA – PCD&F today debuted a new website featuring state-of-the-art navigation technology and a sleek new design. PCDandF.com now features more prominent technical content and a novel News Search Engine that ensures all relevant industry news is captured and presented in real time, no matter where on the Web it originates.
Read more ...PITTSBURGH -- Ansys acquired 3-D modeling software provider SpaceClaim for $85 million in cash, the company announced today. The deal, which closed April 30, price is subject to retention and working capital adjustments.
Read more ...SYDNEY -- Altium is returning to the US, announcing the pending relocation of the management of its PCB CAD division and its core R&D team from Shanghai, to San Diego.
"The Altium board believes that the management of Altium’s PCB CAD division will be better placed in markets where Altium derives most of its revenue and the US is the best location and offers the best opportunity for the execution of Altium’s product development strategy," Altium said.
The move, which includes CEO and key executives in the Altium corporate office, is planned to occur in the fourth quarter and is expected to be cost-neutral.
Altium is pursuing an aggressive attempt to develop high-end PCB design tools which would permit the company to better compete with its larger foes such as Cadence, Mentor Graphics and Zuken.
The strategy will support Altium's attempt to gain market share with larger customers. Over time, the US is expected to become Altium’s strongest operational center. T
The relocation to the US, where Altium has had a long-established sales and operational presence, represents a natural next-step in the implementation of Altium’s renewed growth strategy.
The move reverses Altium's 2011 relocation of its R&D function from Australia to China. At the time, Altium said sought China's "world-class engineering talent and the desire to be close to technology partners."
"The objectives behind that journey have been, for the most part, achieved. The company has also redefined its Internet of Things strategy to be in alignment with its core business of the development of world-class PCB (printed circuit board) design tools. China remains an important market for Altium, and is the best location for the company’s IOT division, including its associated development services and support teams," Altium said in a press release.
ATLANTA, GA – UP Media Group today rolled out the conference program for the annual PCB West 2014. This year’s conference is the largest yet, featuring more than 60 presentations, half-day workshops and full-day tutorials, plus the complete IPC Designers Council Basic and Advanced Designer Certification classes.
AUSTIN, TX -- National Instruments said first-quarter sales fell 1% year-over-year to $285 million, but higher backlogs suggest upside later this year.