Australian-listed software maker Altium (ALU.AX) rejected a $3.9 billion takeover bid from U.S. peer Autodesk Inc (ADSK.O) on Monday as too low, but kept the door open for a higher offer as its shares leapt to near six-month highs.
Sorry, I meant no offense. I was just curious. Altium is used mostly by a particular group of people (hardware designers) and it’s extremely expensive so I was wondering if there was some other implication I missed.
But yes, as far as I know, Altium is the dominant player by far, and that’s unfortunate. What’s worse is they seem to be pushing their Web based tool so they’re getting into all that SaaS BS.
Sorry, I meant no offense. I was just curious. Altium is used mostly by a particular group of people (hardware designers) and it’s extremely expensive so I was wondering if there was some other implication I missed.
But yes, as far as I know, Altium is the dominant player by far, and that’s unfortunate. What’s worse is they seem to be pushing their Web based tool so they’re getting into all that SaaS BS.