SiTime

#1850

Rank

$11.47B

Marketcap

United States

Country

Leadership team

Mr. Rajesh Vashist (Chairman, Pres & CEO)

Mr. Piyush B. Sevalia (Exec. VP of Marketing)

Mr. Lionel Bonnot (Exec. VP of Worldwide Sales & Bus. Devel.)

Products/ Services

Manufacturing, Semiconductor, Supply Chain Management

Number of Employees

100 - 500

Headquarters

Sunnyvale, California, United States

Established

2005

Company Registration

SEC CIK number: 0001451809

Net Income

20M - 100M

Revenue

100M - 500M

Traded as

SITM

Social Media

URL

https://www.sitime.com

Overview

Location

Recognition and Award

References

Summary

SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its solutions have applications in various markets, including communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace and defense. The company sells its timing products through distributors and resellers. SiTime Corporation was incorporated in 2003 and is headquartered in Santa Clara, California.

History

SiTime was founded in Santa Clara, California in 2005 by researchers Marcus Lutz and Aaron Partridge.In 2014, the company was acquired for $200 million by Japanese fabless semiconductor company MegaChips.In 2016, the company launched its Elite platform of Super-TCXOs .In November, the company announced its Emerald line of MEMS timers designed for 5G equipment.In November 2019, SiTime was spun off and went public. MegaChips is a shareholder that owns 25%.In August 2020, the company announced its Cascade family of system on a chip , its first clock chip product. In October, the company introduced ApexMEMS resonators, designed for high volume, space constrained applications.In January 2021, based on SiTime's 2020 stock gain, Investors Business Daily included the company on its list of the 100 best stocks of 2020.In January 2022, CEO Vashist credited its relationship with its foundry partners and the small size of its chips for helping it avoid the chip shortages faced by other chip companies at the time, due to 2021–22 supply chain issues. In February, the company introduced its XCalibur line of active resonators.

Mission

To provide industry-leading timing solutions to our customers through innovative technologies, reliable operations, and passionate customer service.

Vision

To become a globally recognized leader in next-generation timing solutions.

Key Team

Dr. Aaron Partridge (Co-Founder)

Mr. Markus Lutz (Co-Founder)

Mr. Arthur D. Chadwick (Exec. VP & CFO)

Mr. Atul P. Shingal (Exec. VP of Operations)

Dr. Fariborz Assaderaghi Ph.D. (Exec. VP of Technology & Engineering)

Mr. Vincent P. Pangrazio J.D. (Exec. VP, Chief Legal Officer & Corp. Sec.)

Mr. David Sweet (Partner)

Recognition and Awards

SiTime has won several awards, including the Global Semiconductor Alliance Award for Most Resilient Business, EDN Hot 100 Products Award, and the ICScape Best of Best Award. In addition, SiTime was ranked 19th on the Best Places to Work in the Valley list by the San Francisco Business Times.