SiTime to be Acquired by MegaChips for $200M

About SiTime

SiTime Corporation, a MEMS analog semiconductor company, offers MEMS-based silicon timing solutions that replace legacy quartz products. With 80% market share and about 250 million devices shipped, SiTime is driving the electronics industry to use 100% silicon-based timing. In this market, SiTime competes with public companies such as Silicon Labs, Micrel, Seiko Epson and Kyocera.

SiTime’s configurable solutions enable customers to differentiate their products with higher performance, reduced size and better reliability. The rich feature set and flexibility of SiTime’s solutions allow customers to consolidate their supply-chain, reducing cost of ownership and time to market. By using standard semiconductor processes and high volume packaging, SiTime offers the best availability and shortest lead times in the industry.

Top-tier manufacturers are experiencing these benefits and recognize SiTime as The Smart Timing Choice™. For more information, please visit www.sitime.com.



Contact:

Tanis Communications, Inc.
Nicole Conley, 408-295-4309 ext. 104
Email Contact
or
SiTime Corporation
Piyush Sevalia, 408-331-9138
Executive Vice President, Marketing
Email Contact



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