Altium, a provider of Smart System Design Automation, 3D PCB design and embedded software development, will relocate the PCB CAD Division and its core R&D team as well as executive and senior management to San Diego, CA.
This is part of a major corporate restructuring. After the relocation, Altium can connect with more customers and partners.
“This move to the U.S. will not only allow Altium to be closer to customers in key markets,” said Martin Harris, chief sales officer at Altium. “It will also provide us the opportunity to work closer with our sales channels and strategic partners as well as with the contributors to our 3rd party development network, which uses the openness of Altium Designer to develop solutions for our user community.”
The company has also re-defined its Internet of Things (IoT) strategy to be in alignment with its core business of the development of world-class PCB design tools.
Shanghai, China remains an important market for Altium, and is the best location for the company’s IoT division.
Altium’s TASKING division – which develops tools for embedded software development with a huge user base in the automotive industry – will remain unchanged and continue to be located in the Netherlands.
While the CEO and key executives in the Altium corporate office will relocate to the US, corporate and senior leadership team will continue to be globally mobile to support key markets and the company’s worldwide operations.