Valispace
Assembly Line
Valispace Joins Forces with Altium in a Strategic Acquisition
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. High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors, was the firstinstitutional investors and has been a close supporter of the team since the seed investment in 2018.
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, 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.