MegaChips Acquires SiTime for $200,000,000

  • Feed Type
  • Date
    10/30/2014
  • Company Name
    SiTime
  • Mailing Address
    990 Almanor Avenue Sunnyvale, CA 94085 USA
  • Company Description
    SiTime is a fabless integrated circuit company developing silicon timing, clock, and RF chips, which incorporate Micro Electro Mechanical Systems (MEMS) timing reference devices inside standard silicon electronic chips, eliminating the need for quartz crystals.
  • Website
    http://www.sitime.com
  • Transaction Type
    M&A
  • Transaction Amount
    $200,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition will be paid for with all cash.