# SITIME Corp (SITM) — capital_raise/public_offering [completed]
Source: SEC API (secapi.ai) · situation sit_5080b775bf98869395a2 · retrieved 2026-08-12T07:22:05.965Z

## Overview
SiTime Corporation is a Precision Timing company that develops semiconductor MEMS programmable timing solutions for applications including AI data centers, automated driving, industrial and humanoid robots, wearables, and IoT.

SiTime Corporation completed the acquisition of Renesas Electronics Corporation's Timing Business on July 1, 2026. The acquisition added over 550 clocking products to SiTime's portfolio. The transaction was funded using net proceeds from a convertible senior notes offering. SiTime's CEO noted that the combined company now offers the full breadth of Precision Timing solutions across all end markets.

## Terms
- Counterparty: Renesas Electronics Corporation · Consideration: cash

## Key dates
- Completed 2026-07-01

## Timeline
- 2026-08-05 · 8-K (0001451809-26-000059): 8-K - SITIME Corp — *SiTime Corporation is a Precision Timing company that develops semiconductor MEMS programmable timing solutions for applications including AI data centers, automated driving, industrial and humanoid robots, wearables, and IoT.* SiTime Corporation completed the acquisition of Renesas Electronics Corporation's Timing Business on July 1, 2026. The acquisition added over 550 clocking products to SiTime's portfolio. The transaction was funded using net proceeds from a convertible senior notes offering. SiTime's CEO noted that the combined company now offers the full breadth of Precision Timing solutions across all end markets.
  https://www.sec.gov/Archives/edgar/data/1451809/0001451809-26-000059.txt

## Citations
- 0001451809-26-000059 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000145180926000059