Autodesk terminates $3.9bn offer to acquire Altium.

Autodesk, an American multinational software corporation, withdrew its $3.9bn offer to acquire Altium, an Australian-listed software maker. Altium rejected the offer, claiming it undervalued the firm. Autodesk had been looking to leverage Altium’s electronics design software with its engineering and manufacturing software platforms to provide its users with a host of applications under one cloud network.