Japan's Renesas Electronics is on an acquisition spree. Image: X Screengrab

TOKYO – Renesas Electronics plans to acquire printed circuit board electronic design company Altium and gallium nitride power device maker Transphorm with a third major acquisition reportedly in the works, the latest big moves by Japan’s largest integrated semiconductor device maker.

These and previous acquisitions are key to the company’s drive to build a large, profitable and globally competitive semiconductor business spanning automotive, industrial, infrastructure, Internet of Things (IoT), cloud computing, data center and space and defense applications.

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