# SiTime to acquire Renesas' timing business for $2.9 billion

SiTime Corporation signed a definitive agreement on February 4, 2026, to acquire certain assets of Renesas Electronics' timing business for approximately $2.9 billion in cash and stock. The acquired business generated $300 million in revenue with 70% gross margin.

- Type: Acquisition
- Announced: 2026-02-04
- Where: United States
- Value: $2.90B
- Status: announced
- Products: precision timing products, clocking products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Renesas Electronics Corporation](https://endata.com/companies/19562.md)
- [SiTime Corporation](https://endata.com/companies/32138.md) (acquirer)

## Sources

- [sitime.com](https://www.sitime.com/company/newsroom/press-release/sitime-acquire-renesas-timing-business), 2026-02-04: "This acquisition is a monumental milestone toward fulfilling our vision to transform the timing market and solve our customers’ toughest timing challenges."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.