SiTime clears antitrust hurdle for $1.5B Renesas timing business acquisition

Filed May 11, 2026 · Period ending May 8, 2026 · ~1 min read

Key Changes

• high

  HSR Act waiting period expired May 8, removing key regulatory obstacle for SiTime's acquisition of Renesas's timing business for $1.5B cash plus 4.1M shares. Deal now awaits standard closing conditions.

  Item 8.01 verify on EDGAR →
• high

  Stock consideration of 4.13 million shares represents significant dilution to existing shareholders. Total deal size is transformational for the company, roughly doubling its scale.

  Item 8.01 verify on EDGAR →
• high

  SiTime secured $900M bridge loan commitment from Wells Fargo to fund portion of cash consideration. The 364-day facility suggests company plans near-term refinancing through capital markets.

  Item 8.01 verify on EDGAR →