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Altium to transfer HQ from Sydney to Shanghai

4/6/2011 05:34 PM EDT
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WKrem
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re: Altium to transfer HQ from Sydney to Shanghai
WKrem   4/10/2011 9:31:12 PM
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It seems like a common sense approach to move to China – all the medium to big companies are doing it these days. The big problem for Alitum will be the risk in the move itself. The reality is as you mentioned, their ASX filings for the last 5 years have shown a year on year loss of revenue and sales, coupled together with their weird/strange acquisition of Morfik which is a totally orthogonal piece of web technology that has no relation to EDA or CAD, the issues with protecting IP in the Chinese workforce, convincing people that have a comfortable living in Australia to pack-up and head-off to China, one can’t help but conclude Altium is either circling the drain or is gearing up for some kind of fantastic end-game. Either way it should make for some interesting times ahead.

Evgeni
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re: Altium to transfer HQ from Sydney to Shanghai
Evgeni   4/7/2011 11:53:33 AM
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The wind of change

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