Tech Exodus: Renesas' $5.9B Altium Buyout Caps Years of Delistings That Eclipse IPOs, Slowing Australia's Tech Sector Growth
• Promising tech companies acquired and delisted from ASX • Delistings outnumbered IPOs by over 30% in past 5 years • Blow to Canberra’s efforts to create vibrant tech sector via ASX • Japanese chipmaker Renesas buying U.S. software company Altium for $5.9B • Report says ASX tech dream has stalled