"The acquisitions of Octopart and Ciiva represent a significant step forward in the evolution of the Altium content strategy," said Aram Mirkazemi, ceo at Altium. "Tightly integrated CAD models and part supply information will bring a state change to the way in which parts selection and component management are performed during and after the design process is completed."
The acquisition of Octopart allows Altium to expand their content offering for users of their PCB design tools. Altium customers will also benefit from Octopart's supplier database network, allowing designers to directly connect to electronic component distributors and manufacturers.
"We believe that everyone involved in the product development lifecycle can benefit from the bringing together of Altium content and design tool expertise with the Octopart data and search capabilities", said Sam Wurzel, Octopart co-founder and ceo.
Acquiring Ciiva will allow Altium to provide customers with an integrated parts management solution that enables engineers to overcome BOM and component data management challenges.
Leigh Gawne, co-founder and ceo at Ciiva, said: "Our vision to provide easy access to parts data and to help people overcome common component data management challenges will only be accelerated with our acquisition by Altium."
All services and solutions offered by Octopart and Ciiva will continue to operate as usual, with no changes for current customers. Altium will be working closely with Ciiva and Octopart in the coming months to integrate their existing technologies and data management platforms into the Altium ecosystem.