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Industry Summary Articles

Monday, September 16, 2024

Valispace Joins Forces with Altium in a Strategic Acquisition

Dear Valispace customers,

We are thrilled to announce a significant milestone in Valispace’s journey: Altium, a leading provider of design software for the electronics industry, has acquired Valispace.

Valispace’s capabilities in Systems and Requirements Engineering will complement the Altium 365 cloud platform for product and electronics design. Together the solutions connect electronics hardware design and development with systems engineering, encompassing everything from initial requirements definition to PCB design and verification (see our recent webinar).

A Win-Win for Valispace Customers

This is great news for existing Valispace customers: they will not only continue to have access to Valispace’s cutting-edge collaboration software, but will also gradually benefit from capabilities that seamlessly integrate with detailed electronics design processes; closing the loop between system definition and its implementation.

Altium’s extensive experience in developing tools for thousands of engineers with essential electronics design software will ensure that the Valispace team can continue to bring the best collaborative and AI assisted systems- and requirements experience to engineers.

Accelerating our Vision – Together

Altium and Valispace are joining forces to accelerate the execution of a shared vision for empowering engineers.

Products are becoming more and more defined by their electronics: While in the 1980s a car would contain around 20 chips, today this number has grown to more than 2000. At the same time there are continuously higher demands to track regulatory and other requirements down to the component level, and modern systems engineering practices are needed more than ever to manage the rising complexity of products.

Engineers therefore rightfully demand modern tools that allow them to develop future products with an end-to-end solution for which Valispace at Altium will be a major building block. With Altium joining Renesas, the path towards a fully integrated electronics and systems engineering solution for customers will be accelerated even further.

We’re grateful for everyone who has supported and encouraged us on this journey, amongst others our family, friends, and investors. And we’re now excited to, together with Altium, continue our mission of empowering engineers to build great products, accelerating the path to the future in which new technologies and products improve people’s lives.

Marco Witzmann and Louise Lindblad, founders of Valispace

To view the original press release, please click here.

Search for Altium on CIMdata.com

Search for Valispace on CIMdata.com

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