The Zhitong Finance App learned that, according to people familiar with the matter, SiTime (SITM.US), an analog chip manufacturer that focuses on providing synchronous control for circuits in data centers, is in talks to acquire the timing division (timing) of Japan's Renesas Electronics (Renesas Electronics). Relevant sources revealed that SiTime, based in California, is discussing transaction terms to acquire Renesas Electronics' division. The division produces synchronous signal clock chips for wireless infrastructure, networks, and data centers. These sources said that if the deal is reached, its valuation (including debt) could be as high as $2 billion.

The Zhitong Finance App learned that, according to people familiar with the matter, SiTime (SITM.US), an analog chip manufacturer that focuses on providing synchronous control for circuits in data centers, is in talks to acquire the timing division (timing) of Japan's Renesas Electronics (Renesas Electronics). Relevant sources revealed that SiTime, based in California, is discussing transaction terms to acquire Renesas Electronics' division. The division produces synchronous signal clock chips for wireless infrastructure, networks, and data centers. These sources said that if the deal is reached, its valuation (including debt) could be as high as $2 billion.