Nov 12 2015
SiTime Corporation, a MEMS and analog semiconductor company and a wholly owned subsidiary of MegaChips Corporation (Tokyo Stock Exchange: 6875), today announced a strategic partnership with Abracon LLC, a global manufacturer of frequency control, signal conditioning, clock distribution and magnetic components.
With this agreement, Abracon expands its product portfolio and will supply and support MEMS timing solutions through its global sales and distribution network.
"Abracon has successfully built its business by offering best-in-class applications engineering and sales support. We've grown rapidly by responding to market needs and forming strategic partnerships with industry leaders that offer high value solutions," said Christopher Polley, president of Abracon. "SiTime's innovative MEMS timing technology is the future of our industry. We are pleased to bring these solutions to our customers along with the excellent support they have always received from Abracon."
"SiTime's unique technology benefits – more features, higher performance, smaller size and better reliability – have been adopted by Tier 1 electronics customers worldwide. With shipments of over 350 million units, SiTime is the leader, and is transforming the $5 billion timing market," said Rajesh Vashist, CEO of SiTime. "Over the last twenty years, Abracon has built a global brand with a leadership position in the quartz timing field, and now serves over 50,000 customers. SiTime is excited to partner with Abracon and bring our MEMS timing technology to all their customers."
Source: http://www.sitime.com/