SiTime’s MEMS-based Timing Solutions Available from Ineltro Halmer Electronics
Vienna, Austria – December 21, 2015 – Ineltro Halmer Electronics GmbH, the largest privately owned electronic components distributor in Austria, today announced the signing of a distribution agreement with SiTime Corporation, a MEMS and analog semiconductor company and a wholly owned subsidiary of MegaChips Corporation (Tokyo Stock Exchange: 6875). Under this agreement, Ineltro Halmer Electronics will sell SiTime’s revolutionary MEMS oscillators in Central Europe and Central Eastern Europe. SiTime’s timing solutions provide drop-in replacements for quartz crystal oscillator products. Based on MEMS resonators and high performance analog ICs, SiTime products overcome the limitations of quartz devices and provide higher performance and better reliability at a lower cost.
“As a cutting-edge project-orientated distributor, we believe MEMS is becoming the dominant technology,” said Kurt Scheida, CTO and shareholder of Ineltro Halmer Electronics. “We have partnered with SiTime because they are shaping the future of timing.”
“2015 has been a transformative year for SiTime as we’ve grown market share and expanded our network of partners with the goal of making our timing solutions available to every electronics company in the world,” said Mark Lunsford, executive vice president of sales at SiTime. “We are excited that Ineltro Halmer Electronics has become a partner and believe their strong support is a great match for our game-changing MEMS oscillators which offer superior features, performance and reliability.”
About Ineltro Halmer Electronics
Ineltro Halmer Electronics, based in Vienna, Austria, is a project-orientated distributor. With a market share of 20% Ineltro Halmer Electronics is the biggest private owned distributor in Austria. Unique logistic solutions depending on customer needs are a cornerstone of Ineltro’s success story. Additional information about Ineltro’s product portfolio is available at www.ineltro.eu
SiTime Corporation, a MEMS analog semiconductor company and a wholly owned subsidiary of MegaChips Corporation (Tokyo Stock Exchange: 6875), offers MEMS-based silicon timing solutions that replace legacy quartz products. SiTime’s configurable solutions enable customers to differentiate their products with higher performance, smallest size, lowest power and best reliability. The rich feature set and flexibility of SiTime’s solutions allow customers to consolidate their supply-chain, reducing cost of ownership and time to market. By using standard semiconductor processes and high volume packaging, SiTime offers the best availability and shortest lead times in the industry. With 90% market share and over 350 million devices shipped, SiTime is driving the electronics industry to use 100% silicon-based timing. www.sitime.com.
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