Renesas Electronics America Inc.

Renesas Electronics announced that former Integrated Device Technology (IDT) has begun operating under the name Renesas Electronics America Inc. as of January 1, 2020, following the acquisition completed on March 30, 2019.

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.

SiTime Corporation has signed a definitive agreement to acquire certain assets related to Renesas Electronics Corporation's timing business, accelerating SiTime's path to $1 billion of revenue.