Australian tech sites are reporting that Morfik’s acquisition by Altium has been completed. I understand that the acquisition initiative had to follow specific procedures due to the fact that Altium is a publicly traded company and thus needs to comply with the corresponding rules.

I don’t believe there was much doubt that the acquisition would come through, but it is good to know that the formalities are out of the way.

Altium has maintained that Morfik 3 should be released this month which is great news as it makes its new features the current form of the technology and allows everyone who may be waiting for the version 3 to leave beta status to fully embrace it.