Altium moves to acquire Australian software company

Altium has announced it intends to acquire Australian software company Morfik Technology.

The deal is subject to due diligence that is now under way.

Morfik’s products are used by professional software engineers to design, engineer and deploy cloud-based software applications. Altium’s objective is to help electronics designers expand their role from designing electronics in devices to a larger role of designing and engineering web-based ‘device ecosystems’.