Nasdaq Welcomes SiTime Corporation (Nasdaq: SITM) to the Nasdaq Stock Market
November 21 2019 - 1:31PM
SiTime Corporation (Nasdaq: SITM), a leading provider of silicon
timing systems solutions, is pleased to celebrate the Company’s
initial public offering (IPO) on the Nasdaq Stock Market.
“SiTime’s IPO on Nasdaq begins an exciting new
chapter for us,” said Rajesh Vashist, CEO of SiTime. “SiTime is a
timing pure-play leader that is using the power of silicon to
transform the timing industry. Our sole focus on timing, along with
our industry-leading MEMS, analog and systems technologies, enables
significant growth opportunities for us in the $7.7B timing market.
On behalf of SiTime, I want to thank our customers, employees,
partners and suppliers who have played a key role in our success,
and will continue to do so in the future.”
“SiTime’s mission is to be the preeminent timing
systems solutions provider for today’s electronics and tomorrow’s
technological advances by providing the highest performance timing
solutions,” said Jack Cassel, Vice President, New Listings &
Capital Markets, Nasdaq. “We are thrilled to welcome them to the
Nasdaq family of the world’s most innovative companies.”
The information contained above is provided for
informational and educational purposes only, and nothing contained
herein should be construed as investment advice, either on behalf
of a particular security or an overall investment strategy.
Information about the company is provided by the company or comes
from the company’s public filings and is not independently verified
by Nasdaq. Neither Nasdaq nor any of its affiliates makes any
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Actual results may differ materially from those expressed or
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Investors should undertake their own due diligence and carefully
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PROFESSIONAL IS STRONGLY ADVISED.
About Nasdaq
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About SiTime
SiTime Corporation, a market leader in MEMS
timing, offers MEMS-based silicon timing system solutions. SiTime’s
configurable solutions offer a rich feature set that enables
customers to differentiate their products with high performance,
small size, low power, and high reliability. With over 1.5 billion
devices shipped to date, SiTime is changing the timing
industry.
MEDIA RELATIONS CONTACT:
- Emily Pan
- (646) 441-5120
- emily.pan@nasdaq.com
|
- Bianca Fata
- (646) 441-5073
- bianca.fata@nasdaq.com
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