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Mergers & Acquisitions

By The Online Investor Staff, updated Wed., May. 13, 5:17 AM

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This Slide: #7 of 100

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Slide #7. SiTime Corporation — Assets of Renesas Electronics America Inc.

Acquirer:	SiTime Corporation (NASDAQ:SITM)
Acquiree:	Assets of Renesas Electronics America Inc.
Details:	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.

SiTime Corporation is a provider of precision timing solutions to the global electronics industry. Co.'s products are designed for approximately 300 applications across its target markets, including communications and enterprise, automotive, industrial, aerospace, mobile, Internet of Things (IoT), and consumer. Co.'s solutions include oscillators, clock integrated circuits, and resonators. Its all-silicon solutions are based on three areas of expertise, which include micro-electro-mechanical systems (MEMS), analog mixed-signal design capabilities, and advanced system-level integration expertise.

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SITM — Key Stats (updated 18 hours, 15 minutes ago)

Company Name:	SiTime Corp
Short interest:	SITM short interest
Website:	www.sitime.com
Sector:	Semiconductors
Number of ETFs Holding SITM:	96

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Mergers & Acquisitions

Slide #7. SiTime Corporation — Assets of Renesas Electronics America Inc.

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