Altium Limited (ASX:ALU) acquired Gumstix, Inc. for $8 million on April 30, 2019. The consideration consists of upfront consideration of $2.5 million and contingent consideration payments of $5.5 million. The quantum of amounts payable under the agreement are based on achieving specific sales targets and specified software integration milestones. Altium Limited (ASX:ALU) completed the acquisition of Gumstix, Inc. on April 30, 2019.