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Business Description: Altium Limited (ALU) is engaged in the development and sale of computer software for the design of electronic products. ALU is based in Australia with sales operations in the following regions: Americas; Europe, Middle East and Africa; Greater China; and Asia Pacific. ALU offers various software and hardware products, including: Altium Designer, NanoBoard NB2, NanoBoard 3000, TASKING, Morfik and Subscription.
Strategy Analysis: Altium Limited's (ALU) core business is the development of electronic design automation (EDA) software products for the Microsoft Windows operating system. EDA software tools have traditionally been provided on expensive UNIX based mainframe systems. The company’s long term strategy is to develop desktop software tools that cover a broad range of electronic design technologies and are easy to learn, use and afford. The majority of ALU’s revenue is sourced from overseas.
Altium’s products cover a range of hardware and software electronics design processes, and the current brands include nVisage, Protel, P-CAD, TASKING, Nexar, CircuitMaker and CAMtastic. ALU operates a number of sales and support offices in Australia, the United States, Japan, and Europe, as well as maintaining a large reseller network in all other major markets.
The Age 21/05/2013 |
Optus says its 4G mobile network will reach 70 per cent of the Australian population by mid-2014. The carrier revealed it has upgraded 4000 3G sites to 4G in five capital cities and in Coffs Harbour, the Gold Coast and Byron Bay. It also plans to make its 4G network suitable for customers with dual-band 4G mobile devices.
The Age 21/05/2013 |
Hong Kong private equity firm Quantum Pacific Capital says it is best placed to resolve a dispute over the ownership of a troubled $5 billion copper and gold project in Java and is negotiating to grab back as much as 80 per cent of the project on behalf of former owner Intrepid Mines.
The Age 21/05/2013 |
Shareholders in Transfield Services were bracing themselves on Monday for an earnings downgrade following downgrades by other mine services operators such as UGL, WorleyParsons and the smaller Coffey International last week.
The Age 21/05/2013 |
The whole retail recovery story has wandered perilously off script over the past quarter. The start of the year held the promise of green shoots at the discretionary spending end. But as we near the close of the financial year, the fragile recovery appears to have been nipped in the bud.
The Age 21/05/2013 |
New Leighton Holdings chairman Bob Humphris has moved to dispel fears that its directors remain at war with its German parent Hochtief, insisting the relationship was "collegiate" despite the abrupt resignation of three fellow directors two months ago.
The Age 21/05/2013 |
Australian shares flirted with five-year highs on Monday, returning to levels not seen since the onset of the global financial crisis, as investors were spurred on by signs of strength in the US economy.