SiTime to acquire Renesas' timing business

SiTime Corporation and Renesas Electronics Corporation announced a definitive agreement for SiTime to acquire certain assets related to Renesas' timing business, including clocking products, to accelerate SiTime's path to $1 billion revenue.

“This acquisition is a monumental milestone toward fulfilling our vision to transform the timing market and solve our customers' toughest timing challenges.”markets.financialcontent.com

• 1 source
• markets.financialcontent.comLaser Focus World - SiTime to Acquire Renesas’ Timing BusinessRenesas Electronics CorporationMay 14, 2019

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