SiTime files amended 8-K with interim financials for Renesas timing business acquisition
Reuters2026/09/09 10:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- SiTime filed an amended current report on Form 8-K/A to update its disclosure tied to its acquisition of Renesas’s Timing Product Business, which closed on July 1, 2026.
- The amendment adds unaudited interim combined financial statements for the acquired business.
- These include a June 30, 2026 balance sheet showing US$ 426.2 million of assets acquired and US$ 1.4 million of liabilities assumed.
- The filing also reports US$ 153 million of product revenue for the six months ended June 30, 2026, with US$ 77.2 million of direct expenses.
- The acquired business carried US$ 382.3 million of goodwill and US$ 35.6 million of net intangible assets as of June 30, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SiTime Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001451809-26-000068), on September 09, 2026, and is solely responsible for the information contained therein.
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