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SiTime to Acquire Renesas' Timing Business
Globenewswire· 2026-02-04 21:10
Acquired Business Expected to Generate $300 Million in Revenue in 12 Months Post-Close, with 70% Gross MarginHigh-Growth AI Datacenter-Comms Represents ~75% of Acquired Revenue Accelerates SiTime’s Path to $1 Billion of Revenue as the Premier Pure-Play Precision Timing Company Signed Partnership MOU to Explore SiTime’s MEMS Resonator Integration in Renesas’ Embedded ComputingSiTime Conference Call Today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) SANTA CLARA, Calif. and TOKYO, Feb. 04, 2026 (GLOBE NE ...