# 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.

- Type: Acquisition
- Announced: 2019-05-14
- Status: announced
- Products: timing products, clocking products, MEMS resonators
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Renesas Electronics Corporation](https://endata.com/companies/19562.md) (target)
- [SiTime Corporation](https://endata.com/companies/32138.md) (acquirer)
- [Renesas Electronics America Inc.](https://endata.com/companies/32139.md) (target)

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/pennwell.laserfocusworld/article/bizwire-2026-2-4-sitime-to-acquire-renesas-timing-business), 2019-05-14: "This acquisition is a monumental milestone toward fulfilling our vision to transform the timing market and solve our customers' toughest timing challenges."

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