---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-291561"
form_type: "8-K"
ticker: "SITM"
cik: "0001451809"
company_name: "SITIME Corp"
filed_at: "2026-07-01T12:00:08+00:00"
generated_at: "2026-07-01T12:07:15.323010+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.88
calibrated_materiality_score: 0.88
confidence: "high"
source: SEC EDGAR
---

# SiTime completes $1.5B acquisition of Renesas' timing business; expects $300M+ revenue

## Summary
- Acquisition closed for ~$1.5B cash and 3,558,691 shares of SiTime common stock.
- Acquired business expected to generate $300M+ revenue in 12 months; ~70% gross margin; over 10,000 customers.
- SiTime entered a $200M revolving credit facility with Wells Fargo to fund the acquisition and general purposes.
- Renesas CEO Hidetoshi Shibata to join SiTime's Board as a Class I director.

## SEC filing metadata
- accession: 0001193125-26-291561
- form_type: 8-K
- ticker: SITM
- cik: 0001451809
- company_name: SITIME Corp
- filed_at: 2026-07-01T12:00:08+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.88
- calibrated_materiality_score: 0.88
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451809/000119312526291561/0001193125-26-291561-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451809/000119312526291561/d71116d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-291561
- JSON: https://secwatch.observer/filing/0001193125-26-291561.json
- Plain text: https://secwatch.observer/filing/0001193125-26-291561.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.