Brief: SiTime Corp To Acquire Renesas' Timing Business

Renesas Electronics

04/02/2026 21:18

Feb 4 (Reuters) - SiTime Corp SITM.O:

SITIME CORP - TO BUY ASSETS FOR $1.5 BILLION IN CASH AND 4.13 MILLION SHARES

SITIME TO ACQUIRE RENESAS’ TIMING BUSINESS

SITIME CORP: ACQUIRED BUSINESS EXPECTED TO GENERATE $300 MILLION IN REVENUE IN 12 MONTHS POST-CLOSE

SITIME CORP - TO FUND CASH CONSIDERATION WITH $900 MILLION DEBT FINANCING

Source text: ID:nGNX400CWj

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