SiTime closes $1.5B Renesas timing acquisition; acquired unit H1 revenue up 57% YoY

SITIME Corp

Acquisition of Renesas timing business closed July 1, 2026 for ~$1.5B cash plus 3,558,691 SiTime shares.
Acquired unit H1 2026 revenue $153.0M, up 57% from $97.3M in H1 2025; Q2 revenue $83.7M vs $50.3M.
H1 2026 revenue less direct expenses $75.9M vs $33.3M in H1 2025; net assets acquired $424.8M.
Goodwill attributed to the business totals $382.3M; intangible assets net $35.6M as of June 30, 2026.

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