World’s Smallest CSP MEMS Oscillator from SiTime Paired with Mini GPS Receiver from Telit to Enable New Wave of Ultra-Miniature Tracking and Navigation Devices
RALEIGH, N.C. – December 18, 2013 – Telit Wireless Solutions, a global provider of high-quality machine-to-machine (M2M) solutions, products and services and Sunnyvale, California based SiTime Corporation, an analog semiconductor company that is revolutionizing the timing market, today announced that together - Telit’s Jupiter SE880 and SiTime’s SiT15xx oscillators - have enabled the world’s smallest and lowest power GPS receiver with extended hibernation periods at 15µA while maintaining Snap Start to less than one second. SiTime’s SiT15xx family of microelectromechanical system (MEMS) silicon oscillators overcomes the limitations of crystal quartz-based devices in several ways.
Innovative Venture Fund of NEC Capital Solutions and SMBC Group Leads Investment in SiTime
SUNNYVALE, Calif. – November 4, 2013 – SiTime Corporation, the fastest growing semiconductor company, today announced that Innovative Venture Fund, which is co-operated by NEC Capital Solutions (8793: Tokyo) and SMBC Venture Capital, led SiTime’s round of financing. All major investors participated in this oversubscribed round. Also, a new partner, Hercules Technology Growth Capital, Inc. (NYSE: HTGC), provided a commitment for debt financing to SiTime.
SiTime’s MEMS Resonators Outperform Quartz
SUNNYVALE, Calif. – July 10, 2013 – SiTime Corporation, the fastest growing semiconductor company, today introduced TempFlat™ MEMS. Until recently, all MEMS oscillators used compensation circuitry to stabilize the output frequency over temperature. SiTime’s TempFlat MEMS is a revolutionary breakthrough that eliminates temperature compensation, resulting in dramatically higher performance, smaller size, lower power and cost.
SiTime Enters Smartphone Market with First MEMS Oscillator
SUNNYVALE, Calif. – March 27, 2013 – SiTime Corporation, the fastest growing semiconductor company, today introduced the SiT15xx family of 32 kHz MEMS oscillators that replace legacy quartz crystal resonators. This new family is targeted at mobile applications, such as smartphones and tablets, which require small size and low power. The SiT15xx family overcomes the limitations of quartz-based devices in several ways; SiTime’s solutions offer area savings of 85%, cuts power by 50% and are 15 times more reliable, all of which enable smaller, lower power and longer lasting mobile electronics.
SiTime Adds Industry Veterans to Executive Team
SUNNYVALE, Calif. – March 19, 2013 – SiTime Corporation, the fastest growing semiconductor company, today announced the addition of three industry veterans to its executive team. Mark Lunsford joins SiTime as executive vice president of sales and is responsible for driving SiTime’s revenue growth and customer adoption. Vinod Menon joins SiTime as executive vice president of engineering and is responsible for delivering unique, leadership timing solutions that use SiTime’s revolutionary MEMS and analog technology. Pavan Gupta, a SiTime veteran, was recently promoted to vice president of operations, and is now responsible for leading SiTime’s high volume manufacturing and quality organizations.
SiTime Expands Portfolio with +125C MEMS Oscillators for Industrial and High Reliability Applications
SUNNYVALE, Calif. – January 23, 2013 – SiTime Corporation, the fastest growing semiconductor company, today introduced the SiT8920 MEMS oscillator for industrial and high reliability applications. Due to its unique silicon MEMS and analog architecture, the SiT8920 outperforms quartz oscillators in every major performance category. While operating over the widest temperature range, -55°C to +125°C, the SiT8920 consumes half the power of quartz oscillators, is twice as stable, 20 times more reliable and 30 times more robust to shock and vibration.
SiTime is the Fastest Growing Semiconductor Company in North America
SUNNYVALE, Calif.– November 14, 2012 – SiTime Corporation, an analog semiconductor company that is revolutionizing the timing market, today announced it is the fastest growing semiconductor company in North America, and is ranked 38th overall on Deloitte’s 2012 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011. SiTime’s revenues grew 3853 percent during this period.