Altium Limited has initiated a corporate reorganisation to best serve the needs of their customers and partners in key growth markets.
A global leader in Smart System Design Automation, 3D PCB design (Altium Designer) and embedded software development (TASKING), Altium Limited has announced that it intends to relocate the PCB CAD Division and its core R&D team as well as executive and senior management to San Diego, CA.
The relocation to San Diego, 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 decision was made to allow Altium’s CAD division to be more accessible to customers and partners, while still offering global growth potential.
Martin Harris, Chief Sales Officer at Altium explains that the move to the U.S. will not only allow Altium to be closer to customers in key markets but will also provide the company with the opportunity to work closer with their sales channels and strategic partners as well as with the contributors to their 3rd party development network, which uses the openness of Altium Designer to develop solutions for their 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. Being close to technology partners in an emerging market has been a driver for its presence in Shanghai. While 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 and has 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 also relocate to the USA, the corporate and senior leadership team will continue to be globally mobile to support key markets and the company’s worldwide operations.
The relocation of Altium’s PCB CAD division to the USA is planned for Q4 2014.