Japan's Renesas Electronics Corp: To Sell Timing Business To SiTime For $3 bln
ReutersFeb 4, 2026 11:06 PM
Feb 5 (Reuters) - Renesas Electronics Corp 6723.T:
RENESAS ELECTRONICS CORP - US SUBSIDIARY TO TRANSFER TIMING BUSINESS TO SITIME
RENESAS ELECTRONICS CORP - TRANSACTION VALUED AT $3 BILLION
RENESAS ELECTRONICS CORP - TRANSACTION TO BE PAID IN $1.5 BILLION IN CASH AND 4.13 MILLION SITIME COMMON STOCK
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