SiTime completes acquisition of Renesas timing business assets

SiTime Corporation

SiTime Corporation

SITM

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  • SiTime completed the acquisition of certain assets from Renesas’ timing business, expanding its clocking portfolio and AI datacenter exposure.
  • The acquired business serves more than 10,000 customers, with nearly 75% of revenue tied to AI-datacenter-comms end markets.
  • SiTime expects the business to generate at least $300 million in revenue over the next 12 months.
  • Renesas CEO Hidetoshi Shibata is expected to join SiTime’s board.
  • The companies signed a February 2026 partnership MOU to explore integrating SiTime MEMS resonators into Renesas embedded computing products.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SiTime Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607010500BIZWIRE_USPR_____20260701_BW948919) on July 01, 2026, and is solely responsible for the information contained therein.

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