SiTime Corp. Acquisition of Renesas Division Could Reach $3 Billion

SiTime Corp. is reportedly close to striking a major acquisition that could reshape a niche yet vital part of the semiconductor industry. In early February 2026, multiple sources reported that SiTime is in final negotiations to buy Renesas Electronics’ timing unit in a deal that could approach $3 billion, a move that would mark the largest deal in SiTime’s history to date.