Analog chipmaker SiTime agrees to acquire Tokyo-based Renesas' timing unit for $1.5B in cash and 4.13M shares in a ~$2.9B deal, set to close by the end of 2026
Analog chipmaker SiTime Corp. has agreed to acquire Renesas Electronics Corp.'s timing unit in a cash-and-stock transaction valued at about $2.9 billion.
Sources: Tokyo-based chipmaker Renesas agrees to sell its clocks and timing device business to Nasdaq-listed chip design company SiTime for ~$3B
Chipmaker divesting non-core businesses after seeing a loss in 1st 9 months of 2025 — Renesas' clocks and timing business was formerly part …
Sources: Tokyo-based Renesas is exploring a sale, valued at close to $2B, of its timing unit that supplies timing components for data centers and 5G networks
- Texas Instruments, Infineon are among potential buyers, according to sources — Unit supplies critical timing components for data centers, 5G networks
Power chip companies Renesas, Infineon, and others are cutting jobs and spending, as disappointing EV market growth leaves them saddled with excess capacity
TOKYO — Producers of power semiconductors, a key component in the electric-vehicle supply chain, are shrinking their workforces …
India approves setting up three chipmaking units worth $15.2B from companies including India's Tata Group and Japan's Renesas
Shivam Patel / Reuters :
TSMC inaugurates its first plant in Kumamoto, Japan, paving the way to make smartphone and auto-related chips for Sony and Renesas by the end of 2024
Nikkei Asia :
TSMC inaugurates its first plant in Kumamoto, Japan, paving the way to make smartphone and auto-related chips for Sony and Renesas by the end of 2024
Japanese semiconductor subsidies came faster than in the U.S. and elsewhere — Taiwan Semiconductor Manufacturing Co. opened its factory in Kumamoto, Japan, on Feb. 24.
Japanese chipmaker Renesas agrees to acquire PCB design software company Altium for ~$5.9B in cash, a 33.6% premium on Altium's February 14 closing price
Bloomberg :
Arduino, maker of open-source microcontrollers for hardware developers, raised a $32M Series B from Robert Bosch Venture Capital, Arm, Renesas, and Anzu
Brian Heater / TechCrunch :
Auto chip maker Renesas says it will take three to four months to recover full production after discovering more damage from a recent factory fire
Wall Street Journal :