SiTime Corporation (SITM)

SiTime Corporation Announces Pricing of Upsized Offering of $1.2 Billion of Convertible Senior NotesMay 20, 2026 1:05 AM
Business Wire SiTime Corporation (“SiTime”) (NASDAQ: SITM), the Precision Timing company, today announced the pricing of its underwritten offering (the “Offering”) of $1.2 billion aggregate principal amount of 0% Convertible Senior Notes due 2031 (the “Notes”). The aggregate principal amount of the Offering was increased from the previously announced offering size of $1.1 billion. The sale of the Notes to the underwriters is expected to close on May 22, 2026, subject to customary closing conditions. SiTime also granted the underwriters of the Notes a right to purchase, within a 13-day period beginning on, and including, the date on which the Notes are first issued, up to an additional $150 million aggregate principal amount of Notes, solely to cover over-allotments, if any. The Notes will be general unsecured obligations of SiTime and will not bear regular interest and the principal amount of the Notes will not accrete. The Notes will mature on June 15, 2031, unless earlier converted, redeemed or repurchased. SiTime estimates that the net proceeds from the Offering will be approximately $1.17 billion (or approximately $1.32 billion if the underwriters exercise their over-allotment option in full), after deducting the underwriters’ discounts and commissions and estimated Offering expenses payable by SiTime. SiTime expects to use the net proceeds from the Offering (i) to pay for a portion of the cash consideration of the acquisition of certain assets related to the timing business of Renesas Electronics Corporation as announced on February 4, 2026 (the “Acquisition”), (ii) to pay the $108.0 million cost of the capped call transactions described below and (iii) the remainder, if any, for general corporate purposes, which may include working capital, operating expenses, capital expenditures and general and administrative expenses. If the underwriters exercise their over-allotment option, SiTime expects to use a portion of the net proceeds from the sale of the additional Notes to enter into additional capped call transactions and the remainder for general corporate purposes as described above. Noteholders may convert all or any portion of their Notes at their option at any time prior to the close of business on the business day immediately preceding March 15, 2031 only if one or more specific conditions are met. On or after March 15, 2031 until the close of business on the second scheduled trading day immediately preceding the maturity date, the Notes will be convertible in integral multiples of $1,000 principal amount at the option of the noteholders at any time regardless of these conditions. Upon conversion, SiTime will pay or deliver, as the case may be, cash, shares of SiTime’s common stock, par value $0.0001 per share (the “common stock”), or a combination of cash and shares of common stock, at its election. The conversion rate will initially be 0.9611 shares of common stock per $1,000 principal amount of Notes (equivalent to an initial conversion price of approximately $1,040.47 per share of common stock, which represents a conversion premium of approximately 50.0% to the last reported sale price of the common stock on the Nasdaq Global Market on May 19, 2026). The conversion rate will be subject to adjustment in some events but will not be adjusted for any accrued and unpaid special interest. In addition, following certain corporate events that occur prior to the maturity date of the Notes or if SiTime delivers a notice of redemption, SiTime will, in certain circumstances, increase the conversion rate of the Notes for a noteholder who elects to convert its Notes in connection with such a corporate event or convert its Notes called (or deemed called, in the case of an optional redemption) for redemption during the related redemption period, as the case may be. SiTime may not redeem the Notes prior to June 20, 2029, except in the event of a cleanup redemption as described below. SiTime may redeem for cash all or any portion of the Notes (subject to the partial redemption limitation described below), at its option, on a redemption date on or after June 20, 2029 if the last reported sale price of the common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which SiTime provides notice of redemption at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid special interest, if any, to, but excluding, the redemption date. In addition, SiTime may redeem for cash all but not part of the Notes, at its option, if the principal amount of the Notes outstanding at such time is less than 25% of the aggregate principal amount of the Notes initially issued under the indenture at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid special interest, if any, to, but excluding, the redemption date. If SiTime redeems fewer than all of the outstanding Notes in an optional redemption, at least $150 million aggregate principal amount of Notes must be outstanding and not subject to redemption as of, and after giving effect to, delivery of the relevant notice of redemption. If SiTime undergoes a “fundamental change” (as defined in the indenture that will govern the Notes), then, subject to certain conditions and limited exceptions, noteholders may require SiTime to repurchase for cash all or any portion of their Notes at a fundamental change repurchase price equal to 100% of the principal amount of the Notes to be repurchased, plus accrued and unpaid special interest, if any, to, but excluding, the fundamental change repurchase date. Concurrently with the pricing of the Notes, SiTime entered into capped call transactions with the underwriters or their affiliates and certain other financial institutions (the “Option Counterparties”). The capped call transactions cover, subject to customary adjustments, the number of shares of common stock initially underlying the Notes. The capped call transactions are expected generally to reduce the potential dilution to the common stock upon any conversion of Notes and/or offset any cash payments SiTime is required to make in excess of the principal amount of converted Notes, as the case may be, with such reduction and/or offset subject to a cap. The cap price of the capped call transactions relating to the Notes will initially be $1,734.15, which represents a premium of 150% over the last reported sale price of the common stock on the Nasdaq Global Market on May 19, 2026, and is subject to certain adjustments under the terms of the capped call transactions. In connection with establishing their initial hedges of the capped call transactions, SiTime expects the Option Counterparties or their respective affiliates will enter into various derivative transactions with respect to the common stock concurrently with or shortly after the pricing of the Notes, including with certain investors in the Notes. This activity could increase (or reduce the size of any decrease in) the market price of the common stock or the Notes at that time. In addition, the Option Counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to the common stock and/or purchasing or selling common stock or other securities of SiTime in secondary market transactions following the pricing of the Notes and prior to the maturity of the Notes (and are likely to do so during the 40-trading day period beginning on the 41st scheduled trading day prior to the maturity date of the Notes, or, to the extent SiTime exercises the relevant election under the capped call transactions, following any repurchase, redemption or conversion of the Notes). This activity could also cause or avoid an increase or a decrease in the market price of the common stock or the Notes which could affect a noteholder’s ability to convert the Notes and, to the extent the activity occurs during any observation period related to a conversion of Notes, it could affect the number of shares, if any, and value of the consideration that a noteholder will receive upon conversion of its Notes. The Offering has been registered under the Securities Act of 1933, as amended. For additional information relating to the offering, SiTime refers you to its Registration Statement on Form S-3, which SiTime filed with the Securities and Exchange Commission (the “SEC”) on February 26, 2024 and which automatically became effective on the same date. A preliminary prospectus supplement and accompanying prospectus relating to the Offering has been filed with the SEC and is available on the website of the SEC at www.sec.gov. When available, the final prospectus supplement and the accompanying prospectus relating to the Offering may be obtained from: Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, by telephone at 800-645-3751 (option #5), by e-mail at WFScustomerservice@wellsfargo.com and Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com. Wells Fargo Securities, Goldman Sachs & Co. LLC, Barclays, UBS Investment Bank and Morgan Stanley are acting as book-running managers for the Offering. HudsonWest LLC is acting as financial advisor to SiTime. This press release is neither an offer to sell nor a solicitation of an offer to buy any of these securities nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction. About SiTime SiTime Corporation is the Precision Timing company. Our semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power and better reliability. With more than 4 billion devices shipped, SiTime is changing the timing industry. About Precision Timing – Timing is the heartbeat of all electronics, ensuring performance, resilience and scalability. For decades, quartz devices, non-silicon technology, have kept systems in sync, but they struggle in harsher, more demanding environments. MEMS-based Precision Timing delivers greater accuracy, smaller size and resilience. Today, MEMS timing powers over 400 applications, including high-growth ones in AI datacenters, automated driving, industrial and humanoid robots, wearables and IoT. Forward-Looking Statements The information set forth in this press release contains certain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, statements concerning the completion of the Offering, the anticipated use of proceeds from the Offering, the closing of the Acquisition, and the potential impact of the foregoing or related transactions on dilution to holders of the common stock and the market price of the common stock or the Notes. These forward-looking statements are based on SiTime’s current assumptions, expectations and beliefs and are subject to substantial risks, uncertainties, assumptions and changes in circumstances that may cause SiTime’s actual results, performance or achievements to differ materially from those expressed or implied in any forward-looking statement. These risks include, but are not limited to market risks, trends and conditions. Other risk factors include those that are discussed under the heading “Risk Factors” in SiTime’s Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and other filings made with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements in this press release, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. View source version on businesswire.com: https://www.businesswire.com/news/home/20260519586624/en/ SiTime Corporation
Beth Howe
Chief Financial Officer
Investor.relations@sitime.com Shelton Group
Leanne Sievers | Brett Perry
sitim-ir@sheltongroup.com Original: SiTime Corporation Announces Pricing of Upsized Offering of $1.2 Billion of Convertible Senior Notes

SiTime Announces Expiration of Hart-Scott-Rodino Waiting PeriodMay 11, 2026 9:05 AM
Business Wire SiTime Corporation (Nasdaq: SITM) (“SiTime” or the “Company”), the Precision Timing company, today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”), expired at 11:59 p.m. Eastern Time on May 8, 2026, in connection with its pending acquisition of certain assets from Renesas Electronics America Inc., a subsidiary of Renesas Electronics Corporation (TSE: 6723) (“Renesas”), pursuant to the previously announced Asset Purchase Agreement dated February 4, 2026. The expiration of the HSR Act waiting period satisfies a key condition to closing the acquisition (the “Closing”). Completion of the acquisition remains subject to the satisfaction or waiver of other customary closing conditions. As previously announced, in connection with the acquisition, SiTime has obtained a financing commitment from Wells Fargo for up to $900 million to fund a portion of the cash consideration, in the form of a 364-day senior secured bridge loan facility (the “Bridge Facility”). Subject to market conditions, SiTime may replace all or a portion of the Bridge Facility with bank or capital markets financing prior to the closing of the acquisition. The Closing is not conditioned on the availability of the Bridge Facility or any alternative financing. About SiTime SiTime is the Precision Timing company. Our semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With more than 4 billion devices shipped, SiTime is changing the timing industry. For more information, visit http://www.sitime.com. About Precision Timing Timing is the heartbeat of all electronic systems, ensuring reliable operation over their lifetime. For decades, quartz-based devices, built on non-semiconductor technology, have delivered this critical function, but they struggle in harsh, demanding environments. SiTime’s Precision Timing, based on semiconductor MEMS technology, delivers superior performance, greater resilience, smaller size, and higher reliability. Today, it powers more than 400 applications, including those in high-growth segments such as AI data centers, industrial and humanoid robots, mobile, wearables, IoT, and automated driving. Forward-Looking Statements The information set forth in this press release contains certain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, which include information concerning the structure, timing, and the Closing, the Company’s cash position and business strategy following the Closing and cash runway, the Company’s plans, objectives, goals, strategies, future revenues, financial position, capital expenditures, and other information that is not historical information. Forward-looking statements can be identified by words such as “outlook,” “forecast,” “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the results expressed or implied by the forward-looking statements contained herein. These include, but are not limited to: the Company’s ability to satisfy closing conditions to the acquisition and related transactions (collectively, the “Transactions”), the timing of the Closing thereof, unexpected costs, charges or expenses resulting from the Transactions, potential adverse reactions or changes to business relationships resulting from announcements relating to the Transactions and the Closing, and the Company’s ability to realize the anticipated benefits of the Transactions. Numerous other factors, many of which are beyond the Company’s control could cause actual results to differ materially from those expressed as forward-looking statements. Other risk factors include those that are discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and other filings made with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth therein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this press release, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. View source version on businesswire.com: https://www.businesswire.com/news/home/20260511730156/en/ SiTime Contacts Investor Relations Shelton Group
Leanne Sievers | Brett Perry
sitm-ir@sheltongroup.com SiTime Corporation
Beth Howe
Chief Financial Officer
investor.relations@sitime.com Media Relations SiTime Corporation
Simone Souza
ssouza@sitime.com

Green Flash Media
Donna St. Jean Conti
donna@gflashmedia.com Original: SiTime Announces Expiration of Hart-Scott-Rodino Waiting Period

SiTime Boosts GPU Utilization in AI Data Centers with Elite 2 Super-TCXOMay 4, 2026 9:05 AM
Business Wire
Built for Time Synchronization—Addresses a Cumulative $1.5 Billion Market by 2030


SiTime Corporation (NASDAQ: SITM), the Precision Timing company, today announced the Elite 2 Super-TCXO® to increase GPU utilization and compute efficiency in AI data centers by delivering better time synchronization. The product targets a $1.5 billion cumulative market by 2030.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260504575197/en/SiTime’s Elite 2 Super-TCXO delivers sub-nanosecond time synchronization across AI clusters, improving GPU utilization and compute efficiency.
“Industry reports show GPU utilization in AI clusters can be as low as 20 to 40 percent—a large and largely hidden tax on AI infrastructure,” said Piyush Sevalia, chief business officer at SiTime. “AI workloads are distributed across GPUs in tightly orchestrated time slots. Even small timing errors force wait cycles to avoid data corruption, and in extreme cases can trigger GPU timeouts and system restarts. Poor synchronization directly caps GPU utilization.”


Sevalia continued, “To address this, the industry is driving towards a target of 10 nanoseconds time synchronization across an AI cluster, down from 1 microsecond today. We collaborated closely with leading AI system architects at hyperscalers and silicon providers and concluded that the right oscillator can significantly improve cluster-wide synchronization. That’s why we developed the Elite 2 Super-TCXO. The device delivers sub-nanosecond synchronization, 10X better than target, which is enabled by its exceptional thermal and short-term stability. With these characteristics, Elite 2 minimizes time errors between GPUs, unlocking higher system utilization, greater throughput and better performance per watt. This is the result of SiTime leadership and systems thinking, applied to one of AI’s hardest problems.”


“AI networks must operate with extremely high efficiency to fully utilize expensive GPU resources,” said Sameh Boujelbene, vice president at Dell’Oro Group. “As AI back-end infrastructure refreshes at a much faster cadence than traditional non-accelerated infrastructure, time synchronization accuracy becomes increasingly important to sustaining performance across rapidly evolving data center architectures.”


Elite 2 Super-TCXO delivers better synchronization in the industry's smallest footprint


Key features:



1 ns time synchronization accuracy—up to 100X better



±2 ppb/°C dF/dT (frequency temperature slope)—up to 25X better



6 × 10?¹² Allan Deviation (ADEV)—up to 8X lower



±50 ppb frequency stability over -40 to 105°C—up to 4X better



3.2 mm × 2.5 mm (8 mm²) footprint—up to 2X smaller



Digital frequency tuning simplifies timing-aware network design



Eliminates activity dips and micro jumps inherent in quartz technology



Resistant to shock, vibration and board bending



Availability


The Elite 2 Super-TCXO is sampling now, with commercial production expected in Q3 2026.


The Elite 2 Super-TCXO is available in 3.2 mm × 2.5 mm plastic and 5.0 mm × 3.2 mm ceramic packages. Part numbers: SiT5234, SiT5235, SiT5434 and SiT5435.


Additional Resources



Blog



Product page



About SiTime


SiTime is the Precision Timing company. Our semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power and better reliability. With more than 4 billion devices shipped, SiTime is changing the timing industry. For more information, visit www.sitime.com.


About Precision Timing – Timing is the heartbeat of all electronics, ensuring performance, resilience and scalability. For decades, quartz devices, non-silicon technology, have kept systems in sync, but they struggle in harsher, more demanding environments. MEMS-based Precision Timing delivers greater accuracy, smaller size and resilience. Today, MEMS timing powers over 400 applications, including high-growth ones in AI data centers, automated driving, industrial and humanoid robots, wearables and IoT.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260504575197/en/
Simone Souza

SiTime

ssouza@sitime.com

(650) 888-9637


Donna St. Jean Conti

Green Flash Media

donna@gflashmedia.com

(949) 290-0622


Original: SiTime Boosts GPU Utilization in AI Data Centers with Elite 2 Super-TCXO

Vertiv Holdings, Lumentum Holdings, Coherent, and EchoStar Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600March 6, 2026 6:39 PM
PR Newswire (US)

NEW YORK, March 6, 2026 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices:
NAPCO Security Technologies Inc. (NASD: NSSC) will replace Alexander & Baldwin Inc. (NYSE: ALEX) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, March 13. An investor group comprised of MW Group and funds affiliated with DivcoWest and Blackstone Real Estate is acquiring Alexander & Baldwin in a deal that is expected to close soon, pending final closing conditions.The following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 will take effect before the market opens on Monday, March 23, as part of the quarterly rebalance. The changes ensure that each index is more representative of its market–capitalization range. The companies being removed from the S&P SmallCap 600 are no longer representative of the small–cap market space.Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective
DateIndex Name       ActionCompany NameTickerGICS SectorMar 13, 2026S&P SmallCap 600AdditionNAPCO Security Technologies NSSC Information Technology Mar 13, 2026S&P SmallCap 600DeletionAlexander & Baldwin  ALEX Real EstateMar 23, 2026S&P 100AdditionMicron TechnologyMU Information Technology Mar 23, 2026S&P 100AdditionLam ResearchLRCX Information Technology Mar 23, 2026S&P 100AdditionApplied MaterialsAMAT Information Technology Mar 23, 2026S&P 100AdditionGE VernovaGEV Industrials Mar 23, 2026S&P 100DeletionPayPal HoldingsPYPL Financials Mar 23, 2026S&P 100DeletionAmerican Intl GroupAIG Financials Mar 23, 2026S&P 100DeletionMetlifeMET Financials Mar 23, 2026S&P 100DeletionTargetTGT Consumer Staples Mar 23, 2026S&P 500AdditionVertiv HoldingsVRTIndustrialsMar 23, 2026S&P 500AdditionLumentum Holdings LITEInformation TechnologyMar 23, 2026S&P 500AdditionCoherentCOHRInformation TechnologyMar 23, 2026S&P 500AdditionEchoStarSATSCommunication ServicesMar 23, 2026S&P 500DeletionMatch Group MTCHCommunication ServicesMar 23, 2026S&P 500DeletionMolina HealthcareMOHHealth CareMar 23, 2026S&P 500DeletionLamb Weston Holdings LWConsumer StaplesMar 23, 2026S&P 500DeletionPaycom Software PAYCIndustrialsMar 23, 2026S&P MidCap 400AdditionSolstice Advanced Materials SOLSMaterialsMar 23, 2026S&P MidCap 400AdditionSiTime SITMInformation TechnologyMar 23, 2026S&P MidCap 400AdditionMoog MOG.AIndustrialsMar 23, 2026S&P MidCap 400AdditionInterDigital IDCCInformation TechnologyMar 23, 2026S&P MidCap 400AdditionVicor VICRIndustrialsMar 23, 2026S&P MidCap 400AdditionCareTrust REIT CTREReal EstateMar 23, 2026S&P MidCap 400DeletionLumentum Holdings LITEInformation TechnologyMar 23, 2026S&P MidCap 400DeletionCoherent COHRInformation TechnologyMar 23, 2026S&P MidCap 400DeletionEchoStar SATSCommunication ServicesMar 23, 2026S&P MidCap 400DeletionZoomInfo Technologies GTMCommunication ServicesMar 23, 2026S&P MidCap 400DeletionASGN ASGNInformation TechnologyMar 23, 2026S&P MidCap 400DeletionKemper KMPRFinancialsMar 23, 2026S&P SmallCap 600AdditionMatch Group MTCHCommunication ServicesMar 23, 2026S&P SmallCap 600AdditionMolina HealthcareMOHHealth CareMar 23, 2026S&P SmallCap 600AdditionLamb Weston Holdings LWConsumer StaplesMar 23, 2026S&P SmallCap 600AdditionPaycom Software PAYCIndustrialsMar 23, 2026S&P SmallCap 600AdditionVSE VSECIndustrialsMar 23, 2026S&P SmallCap 600AdditionArgan AGXIndustrialsMar 23, 2026S&P SmallCap 600AdditionRithm Capital RITMFinancialsMar 23, 2026S&P SmallCap 600AdditionLyft LYFTIndustrialsMar 23, 2026S&P SmallCap 600AdditionLaureate Education LAURConsumer DiscretionaryMar 23, 2026S&P SmallCap 600AdditionLife Time Group Holdings LTHConsumer DiscretionaryMar 23, 2026S&P SmallCap 600AdditionLife360 LIFInformation TechnologyMar 23, 2026S&P SmallCap 600AdditionSphere EntertainmentSPHRCommunication ServicesMar 23, 2026S&P SmallCap 600AdditionZoomInfo Technologies GTMCommunication ServicesMar 23, 2026S&P SmallCap 600AdditionASGNASGNInformation TechnologyMar 23, 2026S&P SmallCap 600AdditionKemper KMPRFinancialsMar 23, 2026S&P SmallCap 600DeletionSolstice Advanced Materials SOLSMaterialsMar 23, 2026S&P SmallCap 600DeletionSiTimeSITMInformation TechnologyMar 23, 2026S&P SmallCap 600DeletionMoog MOG.AIndustrialsMar 23, 2026S&P SmallCap 600DeletionInterDigital IDCCInformation TechnologyMar 23, 2026S&P SmallCap 600DeletionVicor CorpVICRIndustrialsMar 23, 2026S&P SmallCap 600DeletionCareTrust REIT CTREReal EstateMar 23, 2026S&P SmallCap 600DeletionDave & Buster's Entertainment PLAYConsumer DiscretionaryMar 23, 2026S&P SmallCap 600DeletionSunCoke Energy SXCMaterialsMar 23, 2026S&P SmallCap 600DeletionAH Realty Trust AHRTReal EstateMar 23, 2026S&P SmallCap 600DeletionSummit Hotel Properties INNReal EstateMar 23, 2026S&P SmallCap 600DeletionKKR Real Estate Finance Trust KREFFinancialsMar 23, 2026S&P SmallCap 600DeletionBloomin' Brands BLMNConsumer DiscretionaryMar 23, 2026S&P SmallCap 600DeletionMyriad Genetics MYGNHealth CareMar 23, 2026S&P SmallCap 600DeletionCars.com CARSCommunication ServicesMar 23, 2026S&P SmallCap 600DeletionANGI ANGICommunication ServicesABOUT S&P DOW JONES INDICESS&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.FOR MORE INFORMATION:S&P Dow Jones Indices
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View original content:https://www.prnewswire.com/news-releases/vertiv-holdings-lumentum-holdings-coherent-and-echostar-set-to-join-sp-500-others-to-join-sp-100-sp-midcap-400-and-sp-smallcap-600-302707297.htmlSOURCE S&P Dow Jones Indices

Original: Vertiv Holdings, Lumentum Holdings, Coherent, and EchoStar Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600

I love SITM, I've been in since $110. However, I've also noticed that they always blow out earnings and then have a huge sell off. I sold half of my shares yesterday and plan to buy back in much lower.

SiTime to Acquire Renesas’ Timing BusinessFebruary 4, 2026 7:07 PM
Business Wire

Acquired Business Expected to Generate $300 Million in Revenue in 12 Months Post-Close, with 70% Gross Margin



High-Growth AI Datacenter-Comms Represents ~75% of Acquired Revenue



Accelerates SiTime’s Path to $1 Billion of Revenue as the Premier Pure-Play Precision Timing Company



Signed Partnership MOU to Explore SiTime’s MEMS Resonator Integration in Renesas’ Embedded Computing



SiTime Conference Call Today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)



SiTime Corporation (Nasdaq: SITM) (“SiTime” or the “Company”), the Precision Timing company, and Renesas Electronics Corporation (TSE: 6723) (“Renesas”), a premier supplier of advanced semiconductors, today announced that SiTime and Renesas’ consolidated subsidiary, Renesas Electronics America Inc., have signed a definitive agreement whereby SiTime will acquire certain assets related to Renesas’ timing business. The acquisition accelerates SiTime’s path to $1 billion of revenue as the premier pure-play Precision Timing company with an industry leading portfolio to fully meet customers’ needs for high-performance timing products. Additionally, the companies have signed a partnership MOU to explore SiTime’s MEMS resonator integration into Renesas’ embedded computing products.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260204036196/en/
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.”


The business being acquired is the preeminent brand in clocking with a 30-year legacy of highly differentiated clocking products and an enviable financial profile. It has delivered sustained financial performance of approximately 70% gross margin. It serves over 10,000 customers, with nearly 75% of revenue in the AI-Datacenter-Comms segment and the remainder in industrial and automotive. In the 12 months following the close of the transaction, the business is expected to generate $300 million in revenue, catalyzed by SiTime’s sales and go-to-market expertise.


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.”


SiTime’s Titan MEMS resonators uniquely enable integration where the bare die can be combined with Renesas’ MCU or SoC die into a single package. This eliminates the complications associated with having the resonator on the system board and also saves space and simplifies design. The resulting next-generation products could unlock new possibilities in many applications in AI datacenters, industrial equipment including robots, ADAS systems in cars, and wearables, where performance, energy efficiency and miniaturization are critical.


Post-Acquisition Benefits for SiTime


With the acquisition of assets related to Renesas’ timing business, SiTime is substantially increasing its scale across its customer and product portfolio and strengthening its financial profile.



Broad, Long-Standing, World-Class Customer Relationships: The business being acquired has, over three decades, become a trusted partner to over 10,000 customers. Post-acquisition, SiTime’s customers will include the top ten cloud hyperscalers, the top seven AI server leaders, the top ten enterprise, networking and communications equipment vendors, best-in-class automotive OEMs and Tier 1s and the top mobile-IoT-consumer leaders. The acquired business’ diverse customer base provides a significant new opportunity for SiTime to sell its differentiated MEMS oscillators.




Highly Complementary and Differentiated Products: With this acquisition, SiTime will gain highly complementary clocking products, such as clock generators, buffers, network synchronizers and jitter attenuators. Combining SiTime’s differentiated MEMS oscillators with this clocking technology will enhance SiTime’s ability to serve high performance applications, such as datacenter switches, SmartNICs, routers and humanoid robots.




Premier Brands for High Performance, High Reliability and Premium Support: SiTime, with its oscillator portfolio and Renesas’ clocking portfolio, will create a timing leader that is solely focused on and perfecting high-performance, precision timing solutions. In a time of shorter design cycles, customers are expected to benefit from SiTime’s resilient performance, reliability, flexibility and design simplification.




Scaled Revenue, Accelerated Margins and Accretive to Earnings Per Share: In addition to accelerating SiTime’s path to $1 billion of revenue, the acquisition is expected to expedite SiTime’s progress toward the upper end of its 60 - 65% gross margin target while maintaining its targeted long-term annual revenue growth rate of 25 - 30%. The acquisition is expected to be accretive to SiTime’s non-GAAP earnings per share in the first year post-close.



Transaction Details


Under the terms of the asset purchase agreement, SiTime will acquire certain assets related to Renesas’ timing business for $1.5 billion in cash and approximately 4.13 million shares of common stock, $0.0001 par value per share of SiTime, subject to a potential adjustment and a collar determined by the 10-day volume weighted average price (“VWAP”) as of three trading days prior to the execution of the asset purchase agreement. The stock consideration will be paid in the form of newly issued SiTime common stock based on SiTime’s 10-day VWAP as of three trading days prior to closing, subject to a floor price of $308.6686 and a ceiling price of $417.6104.


SiTime intends to fund the cash consideration with cash on hand and $900 million of fully committed debt financing from Wells Fargo Bank, N.A. SiTime’s strong cash flows, including following the closing of the transaction, are expected to support rapid de-levering to less than 2x within 24 months post-close. The transaction is not subject to any financing conditions.


The SiTime and Renesas boards of directors have each unanimously approved the acquisition, which is expected to close by the end of 2026, subject to customary closing conditions and regulatory approvals.


Hidetoshi Shibata, CEO of Renesas, will join SiTime’s Board of Directors after the close of the transaction.


Advisors


Qatalyst Partners is serving as financial advisor to SiTime in connection with the transaction, Cooley LLP is serving as legal counsel and Joele Frank is serving as strategic communications advisor. Wells Fargo Bank, N.A. is providing committed debt financing for the transaction. J.P. Morgan is serving as financial advisor to Renesas and Sidley Austin LLP is serving as legal counsel.


SiTime Conference Call and Fourth Quarter and Fiscal Year 2025 Results


SiTime separately announced financial results for the fourth quarter and financial year ended December 31, 2025. The Company will hold a conference call today, February 4, 2026, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss this acquisition, the Company’s financial results and Q1 2026 outlook. A presentation related to the acquisition is available in the Events section of SiTime’s Investor Relations website.


Analysts and investors are invited to attend the conference call using the following information:


Live webcast: Click Here

Register for dial-in number: Register Here


Advanced registration is required for dial-in participants. Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference call. A live audio webcast of the conference call will also be available and archived for approximately 90 days in the Events section of SiTime’s Investor Relations website.


About SiTime


SiTime is the Precision Timing company. Our semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With more than 4 billion devices shipped, SiTime is changing the timing industry. For more information, visit http://www.sitime.com.


About Precision Timing – Timing is the heartbeat of all electronics, ensuring performance, resilience and scalability. For decades, quartz devices, non-silicon technology, have kept systems in sync, but they struggle in harsher, more demanding environments. MEMS-based Precision Timing delivers greater accuracy, smaller size and resilience. Today, MEMS timing powers over 400 applications, including high-growth ones in AI datacenters, automated driving, industrial and humanoid robots, wearables and IoT.


About Renesas Electronics Corporation


Renesas Electronics Corporation (TSE: 6723) empowers a safer, smarter and more sustainable future where technology helps make our lives easier. A leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructure and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. Learn more at renesas.com. Follow us on LinkedIn, Facebook, X, YouTube, and Instagram.


Forward-Looking Statements


The information set forth in this press release contains certain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, which include information concerning the structure, timing, and completion of the proposed transaction, the Company’s cash position and business strategy following the closing of the transaction and cash runway, the Company’s plans, objectives, goals, strategies, future revenues, financial position, capital expenditures; the anticipated timing of closing and other information that is not historical information. Forward-looking statements can be identified by words such as “outlook,” “forecast,” “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the results expressed or implied by the forward-looking statements contained herein. These include, but are not limited to: the Company’s ability to obtain regulatory approval for, and satisfy closing conditions to, the transactions, the timing of closing thereof, unexpected costs, charges or expenses resulting from the transaction, potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction, and the Company’s ability to realize the anticipated benefits of the transactions described herein. Numerous other factors, many of which are beyond the Company’s control could cause actual results to differ materially from those expressed as forward-looking statements. Other risk factors include those that are discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and other filings made with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date the on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth therein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this press release, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260204036196/en/
SiTime Contacts


Investor Relations


Shelton Group

Leanne Sievers | Brett Perry

sitm-ir@sheltongroup.com


SiTime Corporation

Beth Howe

Chief Financial Officer

investor.relations@sitime.com


Media Relations


SiTime Corporation

Simone Souza

ssouza@sitime.com


Green Flash Media

Donna St. Jean Conti

donna@gflashmedia.com


Renesas Contacts


Investor Relations

+81 3-6773-3002

Tomohiko Sato

ir@renesas.com


Media Relations

+81 3-6773-3001

Hideharu Fujimori

pr@renesas.com


Original: SiTime to Acquire Renesas’ Timing Business

SiTime to Acquire Renesas’ Timing BusinessFebruary 4, 2026 4:10 PM
Business Wire

Acquired Business Expected to Generate $300 Million in Revenue in 12 Months Post-Close, with 70% Gross Margin



High-Growth AI Datacenter-Comms Represents ~75% of Acquired Revenue



Accelerates SiTime’s Path to $1 Billion of Revenue as the Premier Pure-Play Precision Timing Company



Signed Partnership MOU to Explore SiTime’s MEMS Resonator Integration in Renesas’ Embedded Computing



SiTime Conference Call Today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)



SiTime Corporation (Nasdaq: SITM) (“SiTime” or the “Company”), the Precision Timing company, and Renesas Electronics Corporation (TSE: 6723) (“Renesas”), a premier supplier of advanced semiconductors, today announced that SiTime and Renesas’ consolidated subsidiary, Renesas Electronics America Inc., have signed a definitive agreement whereby SiTime will acquire certain assets related to Renesas’ timing business. The acquisition accelerates SiTime’s path to $1 billion of revenue as the premier pure-play Precision Timing company with an industry leading portfolio to fully meet customers’ needs for high-performance timing products. Additionally, the companies have signed a partnership MOU to explore SiTime’s MEMS resonator integration into Renesas’ embedded computing products.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260204036196/en/
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.”


The business being acquired is the preeminent brand in clocking with a 30-year legacy of highly differentiated clocking products and an enviable financial profile. It has delivered sustained financial performance of approximately 70% gross margin. It serves over 10,000 customers, with nearly 75% of revenue in the AI-Datacenter-Comms segment and the remainder in industrial and automotive. In the 12 months following the close of the transaction, the business is expected to generate $300 million in revenue, catalyzed by SiTime’s sales and go-to-market expertise.


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.”


SiTime’s Titan MEMS resonators uniquely enable integration where the bare die can be combined with Renesas’ MCU or SoC die into a single package. This eliminates the complications associated with having the resonator on the system board and also saves space and simplifies design. The resulting next-generation products could unlock new possibilities in many applications in AI datacenters, industrial equipment including robots, ADAS systems in cars, and wearables, where performance, energy efficiency and miniaturization are critical.


Post-Acquisition Benefits for SiTime


With the acquisition of assets related to Renesas’ timing business, SiTime is substantially increasing its scale across its customer and product portfolio and strengthening its financial profile.



Broad, Long-Standing, World-Class Customer Relationships: The business being acquired has, over three decades, become a trusted partner to over 10,000 customers. Post-acquisition, SiTime’s customers will include the top ten cloud hyperscalers, the top seven AI server leaders, the top ten enterprise, networking and communications equipment vendors, best-in-class automotive OEMs and Tier 1s and the top mobile-IoT-consumer leaders. The acquired business’ diverse customer base provides a significant new opportunity for SiTime to sell its differentiated MEMS oscillators.




Highly Complementary and Differentiated Products: With this acquisition, SiTime will gain highly complementary clocking products, such as clock generators, buffers, network synchronizers and jitter attenuators. Combining SiTime’s differentiated MEMS oscillators with this clocking technology will enhance SiTime’s ability to serve high performance applications, such as datacenter switches, SmartNICs, routers and humanoid robots.




Premier Brands for High Performance, High Reliability and Premium Support: SiTime, with its oscillator portfolio and Renesas’ clocking portfolio, will create a timing leader that is solely focused on and perfecting high-performance, precision timing solutions. In a time of shorter design cycles, customers are expected to benefit from SiTime’s resilient performance, reliability, flexibility and design simplification.




Scaled Revenue, Accelerated Margins and Accretive to Earnings Per Share: In addition to accelerating SiTime’s path to $1 billion of revenue, the acquisition is expected to expedite SiTime’s progress toward the upper end of its 60 - 65% gross margin target while maintaining its targeted long-term annual revenue growth rate of 25 - 30%. The acquisition is expected to be accretive to SiTime’s non-GAAP earnings per share in the first year post-close.



Transaction Details


Under the terms of the asset purchase agreement, SiTime will acquire certain assets related to Renesas’ timing business for $1.5 billion in cash and approximately 4.13 million shares of common stock, $0.0001 par value per share of SiTime, subject to a potential adjustment and a collar determined by the 10-day volume weighted average price (“VWAP”) as of three trading days prior to the execution of the asset purchase agreement. The stock consideration will be paid in the form of newly issued SiTime common stock based on SiTime’s 10-day VWAP as of three trading days prior to closing, subject to a floor price of $308.6686 and a ceiling price of $417.6104.


SiTime intends to fund the cash consideration with cash on hand and $900 million of fully committed debt financing from Wells Fargo Bank, N.A. SiTime’s strong cash flows, including following the closing of the transaction, are expected to support rapid de-levering to less than 2x within 24 months post-close. The transaction is not subject to any financing conditions.


The SiTime and Renesas boards of directors have each unanimously approved the acquisition, which is expected to close by the end of 2026, subject to customary closing conditions and regulatory approvals.


Hidetoshi Shibata, CEO of Renesas, will join SiTime’s Board of Directors after the close of the transaction.


Advisors


Qatalyst Partners is serving as financial advisor to SiTime in connection with the transaction, Cooley LLP is serving as legal counsel and Joele Frank is serving as strategic communications advisor. Wells Fargo Bank, N.A. is providing committed debt financing for the transaction. J.P. Morgan is serving as financial advisor to Renesas and Sidley Austin LLP is serving as legal counsel.


SiTime Conference Call and Fourth Quarter and Fiscal Year 2025 Results


SiTime separately announced financial results for the fourth quarter and financial year ended December 31, 2025. The Company will hold a conference call today, February 4, 2026, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss this acquisition, the Company’s financial results and Q1 2026 outlook. A presentation related to the acquisition is available in the Events section of SiTime’s Investor Relations website.


Analysts and investors are invited to attend the conference call using the following information:


Live webcast: Click Here

Register for dial-in number: Register Here


Advanced registration is required for dial-in participants. Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference call. A live audio webcast of the conference call will also be available and archived for approximately 90 days in the Events section of SiTime’s Investor Relations website.


About SiTime


SiTime is the Precision Timing company. Our semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With more than 4 billion devices shipped, SiTime is changing the timing industry. For more information, visit http://www.sitime.com.


About Precision Timing – Timing is the heartbeat of all electronics, ensuring performance, resilience and scalability. For decades, quartz devices, non-silicon technology, have kept systems in sync, but they struggle in harsher, more demanding environments. MEMS-based Precision Timing delivers greater accuracy, smaller size and resilience. Today, MEMS timing powers over 400 applications, including high-growth ones in AI datacenters, automated driving, industrial and humanoid robots, wearables and IoT.


About Renesas Electronics Corporation


Renesas Electronics Corporation (TSE: 6723) empowers a safer, smarter and more sustainable future where technology helps make our lives easier. A leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructure and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. Learn more at renesas.com. Follow us on LinkedIn, Facebook, X, YouTube, and Instagram.


Forward-Looking Statements


The information set forth in this press release contains certain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, which include information concerning the structure, timing, and completion of the proposed transaction, the Company’s cash position and business strategy following the closing of the transaction and cash runway, the Company’s plans, objectives, goals, strategies, future revenues, financial position, capital expenditures; the anticipated timing of closing and other information that is not historical information. Forward-looking statements can be identified by words such as “outlook,” “forecast,” “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “will,” and variations of such words or similar expressions. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the results expressed or implied by the forward-looking statements contained herein. These include, but are not limited to: the Company’s ability to obtain regulatory approval for, and satisfy closing conditions to, the transactions, the timing of closing thereof, unexpected costs, charges or expenses resulting from the transaction, potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction, and the Company’s ability to realize the anticipated benefits of the transactions described herein. Numerous other factors, many of which are beyond the Company’s control could cause actual results to differ materially from those expressed as forward-looking statements. Other risk factors include those that are discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and other filings made with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date the on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth therein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this press release, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260204036196/en/
SiTime Contacts


Investor Relations


Shelton Group

Leanne Sievers | Brett Perry

sitm-ir@sheltongroup.com


SiTime Corporation

Beth Howe

Chief Financial Officer

investor.relations@sitime.com


Media Relations


SiTime Corporation

Simone Souza

ssouza@sitime.com


Green Flash Media

Donna St. Jean Conti

donna@gflashmedia.com


Renesas Contacts


Investor Relations

+81 3-6773-3002

Tomohiko Sato

ir@renesas.com


Media Relations

+81 3-6773-3001

Hideharu Fujimori

pr@renesas.com


Original: SiTime to Acquire Renesas’ Timing Business

SiTime Confirms Discussions with Renesas Regarding Potential Acquisition of Renesas’ Timing BusinessFebruary 3, 2026 9:01 PM
Business Wire
SiTime Corporation (NASDAQ: SITM), the Precision Timing company, today confirmed that it is in discussions with Renesas Electronics Corporation (“Renesas”) regarding a potential acquisition of Renesas’ timing business.


No agreement has been reached, and there can be no assurance that any transaction will result from these discussions or on what terms any transaction may occur.


The Company does not intend to make further comments with respect to the discussions unless and until required to do so.


About SiTime


SiTime Corporation is the Precision Timing company. Our semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With more than 4 billion devices shipped, SiTime is changing the timing industry. For more information, visit www.sitime.com.


Forward Looking Statements


This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Security Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding any transaction that the company may pursue, statements regarding future expectations, outcomes or results of the company, goals and objectives, and other similar expressions concerning matters that are not historical facts. The company undertakes no obligation to update or revise any of the forward-looking statements contained herein, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260203844046/en/
Investor Relations Contacts:


Shelton Group

Leanne Sievers | Brett Perry

sitm-ir@sheltongroup.com


SiTime Corporation

Beth Howe

Chief Financial Officer

investor.relations@sitime.com


Original: SiTime Confirms Discussions with Renesas Regarding Potential Acquisition of Renesas’ Timing Business

Amazing!!!! SITM.

Here we GO!!! #SITM

$SITM Keeps on Trucking HIGHER. LOVE THIS.

$124 massive middle finger short?

Time to buy again $SITM $104

$272 $SITM easy long term gainer

SiTime (NASDAQ:SITM) reported quarterly earnings of $0.46 per share which beat the analyst consensus estimate of $0.23 by 100 percent. This is a 428.57 percent increase over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $44.50 million which beat the analyst consensus estimate of $40.04 million by 11.13 percent. This is a 107.22 percent increase over sales of $21.47 million the same period last year.

Raymond James Raises Price Target to $180
7:30 am ET August 5, 2021 (Benzinga) Print
Raymond James analyst Chris Caso maintains SiTime (NASDAQ:SITM) with a Outperform and raises the price target from $150 to $180.

Latest Ratings for SITM DateFirmActionFromTo

Aug 2021Raymond JamesMaintainsOutperform Aug 2021NeedhamMaintainsBuy May 2021Roth CapitalMaintainsBuy

View More Analyst Ratings for SITM
View the Latest Analyst Ratings

SiTime Corp provides silicon timing systems solutions. The Company’s silicon timing solutions are comprised of microelectromechanical systems (MEMS) resonators and Clock integrated circuits (ICs). It supplies oscillator products that are comprised of a MEMS resonator and a clock IC that are integrated into a package. Its product portfolio includes low jitter oscillators, low power oscillators, spread spectrum oscillators, Stratum 3E DCOCXOs, Programmable OCXOs, 32.768 kilohertz kHz Oscillators, MegaHertZ (MHz) oscillators, ruggedized oscillators and embedded resonators. It serves various industries, such as infrastructure, automotive, industrial, Internet of things (IoT), mobile and wearables, consumer and aerospace-defense.