SiTime Corporation acquired Renesas timing business brings a 30-year legacy as the industry’s top clocking brand, featuring differentiated products and impressive 70% gross margins.
SiTime Corporation has signed a definitive agreement to acquire key timing business assets from Renesas Electronics America Inc., a subsidiary of Renesas Electronics Corporation.
This strategic move fast-tracks SiTime toward $1 billion in annual revenue, solidifying its position as the premier pure-play precision timing provider with a comprehensive portfolio of high-performance timing products.
The companies also signed a partnership MOU to integrate SiTime’s advanced MEMS resonators into Renesas’ embedded computing platforms, expanding timing solutions across multiple industries.
The acquired Renesas timing business brings a 30-year legacy as the industry’s top clocking brand, featuring differentiated products and impressive 70% gross margins.
Serving 10,000+ customers, it generates 75% revenue from AI, datacenter, and communications markets, with the balance from industrial and automotive sectors.
Post-acquisition, the division is projected to deliver $300 million in revenue within 12 months, fueled by SiTime’s sales expertise and market expansion strategies.
SiTime’s innovative Titan MEMS resonators enable seamless bare-die integration directly with Renesas MCUs and SoCs in a single package.
This breakthrough eliminates traditional board-level resonator challenges, dramatically reducing space requirements and streamlining design complexity.
Next-generation products will transform AI datacenters, industrial robots, automotive ADAS systems, and wearables—delivering unmatched performance, power efficiency, and ultra-compact footprints where miniaturization is mission-critical.
The Renesas timing assets deal dramatically expands SiTime’s customer base and product range while significantly bolstering its financial performance and market position.
SiTime will acquire complementary clocking solutions including clock generators, buffers, network synchronizers, and jitter attenuators from Renesas.
Pairing these with SiTime’s superior MEMS oscillators creates a powerhouse offering for demanding applications like datacenter switches, SmartNICs, routers, and humanoid robots.
Transaction Details
SiTime Corporation will pay $1.5 billion in cash plus approximately 4.13 million shares of its common stock to acquire Renesas’ timing business assets. The stock value, tied to a 10-day VWAP calculated three trading days before closing, includes a floor price of $308.67 and ceiling of $417.61 per share.
Renesas CEO Hidetoshi Shibata will join SiTime’s Board of Directors upon transaction completion.
Key Comments
Rajesh Vashist, chairman and CEO of SiTime, said, “This acquisition is a monumental milestone toward fulfilling our vision to transform the timing market and solve our customers’ toughest timing challenges. With Renesas’ timing business, we will increase our clocking portfolio by more than 10x and extend our reach in the fastest growing applications in the timing market, including comms, enterprise and datacenter. Notably, these applications are expected to represent more than 60% of SiTime’s revenue, post-acquisition. We are confident that the acquisition will deliver exceptional value for our shareholders as we build on our strong record of financial performance as underscored by our 2025 results announced today.”
Hidetoshi Shibata, CEO of Renesas, said, “This transaction allows Renesas to sharpen its focus on embedded compute leadership while ensuring our customers have access to SiTime’s cutting-edge MEMS timing technology. We look forward to exploring opportunities for strategic collaboration with SiTime to deliver integrated solutions that power the next generation of intelligent devices that demand performance and efficiency. This milestone is another step forward toward our 2035 Aspiration and becoming a top-three embedded semiconductor solution supplier. Throughout this process, we remain fully committed to supporting our employees, customers and partners and ensuring a smooth transition.”
Rajesh Vashist, CEO of SiTime continued, “One of SiTime’s strategies is to integrate our resonators into MCUs and power management ICs, among other SoCs, to provide size, performance and power benefits to semiconductor companies. We are excited about the additional value that could be created for customers and the start of this multi-year revenue opportunity for SiTime.”
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