SiTime to Acquire Renesas’ Timing Business
Palo Alto – February 4, 2026 – Cooley advised SiTime Corporation (Nasdaq: SITM), the Precision Timing company, on its definitive agreement with Renesas’ consolidated subsidiary, Renesas Electronics America Inc., 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. Additionally, the companies have signed a partnership MOU to explore SiTime’s MEMS resonator integration into Renesas’ embedded computing products.
Lawyers Rishab Kumar, Rajdeep Bains and Queenie Chen led the transaction with support from Steve Tonsfeldt, Matthew Hemington, Matthew Choy and Sofia Chadwick.
The team also included Tracy Rubin, Megan Browdie, Stella Sarma, Mischi a Marca, Adam Longenbach, John McKenna, Ross Eberly, Austin Holt, Eileen Marshall, Kevin King and Annie Froehlich.
Cooley previously advised on SiTime’s acquisition of clocking products from Aura Semiconductor and regularly advises SiTime on corporate/securities matters.
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