SiTime Is Said to Near $3 Billion Deal for Renesas Timing Unit [Yahoo! Finance Canada]
NINTENDO CO LTD UNSP/ADR (NTDOY)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The companies could reach an agreement as soon as Thursday, when Renesas is scheduled to report its full-year earnings, the people said, adding that negotiations are ongoing and could still fall apart. Representatives for SiTime and Renesas didn't immediately respond to requests seeking comment. SiTime specializes in silicon oscillators and resonators that keep complex circuits in sync inside artificial intelligence data centers. Nintendo Co. supplier MegaChips Corp., based in Osaka, holds a stake in SiTime. A deal for the Renesas unit would represent SiTime's largest acquisition to date, according to data compiled by Bloomberg. The companies have been in talks about a potential transaction, people familiar with the matter have said. Shares of SiTime have surged 83% in the past 12 months, giving the company a market value of about $9.8 billion. Renesas has gained almost 27% in the same period, for a market capitalization of about ¥4.8 trillion ($31
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Sec Filings
- 12/1/25 - Form EFFECT
- 11/21/25 - Form F-6
- NTDOY's page on the SEC website