SiTime(SITM) - 2024 Q1 - Quarterly Results

SiTime Reports First Quarter 2024 Financial Results Exhibit 99.1 In December 2023, SiTime closed the acquisition of certain assets and an exclusive license to certain intellectual property, subject to certain covenants and restrictions, from Aura Semiconductor Pvt. Ltd. and certain of its affiliates relating to Aura's timing business and clock products. The purchase price has been allocated to the fair value of the intangible assets acquired based on estimates and assumptions made by management at the time ...