SiTime Acquires Renesas Timing Assets, Targets $1B Revenue

By Hao Liu • Wednesday, July 01 10:50 • Permanent Link

SiTime completed its acquisition of certain timing assets from Renesas on July 1, 2026, adding a business that generated at least $300 million in expected revenue over the next 12 months and brought in a clocking portfolio that SiTime said is 10 times larger than before.

The deal gives SiTime a timing business with about 70% gross margin, more than 10,000 customers, and roughly 75% of revenue tied to AI datacenter and communications markets, with the rest coming from industrial and automotive.

SiTime said the acquisition accelerates its push toward $1 billion in annual revenue. The company also said the transaction expands its presence in AI datacenters and broadens its timing lineup beyond oscillators into clocks and resonators.

The acquisition was first announced in February 2026. SiTime said the Renesas timing business has a 30-year history and that the combined opportunity is expected to deepen its reach with customers. Today the company's shares have moved -3.83% to a price of $717.005. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.