Who Owns Si Time Company?

GET THE FULL COMPANY
ANALYSIS BUNDLE FOR
Si Time

Full Company Analysis:
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10

TOTAL:

Who Owns SiTime?

Understanding SiTime's ownership is key to its market position. Its IPO in November 2019 marked a significant shift, providing capital for growth and innovation.

Who Owns Si Time Company?

SiTime, a leader in silicon MEMS timing solutions, was founded in 2005. Its products are vital across enterprise, automotive, and consumer markets.

As of July 25, 2025, SiTime holds a market capitalization of approximately $5.17 billion. Institutional investors are the primary owners, influencing its governance and strategic path. This includes their innovative Si Time BCG Matrix solutions.

Who Founded Si Time?

SiTime Corporation was founded in 2005 by Marcus Lutz, Aaron Partridge, and Dr. Jingqing Han. Their collective expertise in MEMS technology and packaging innovation laid the groundwork for the company's disruptive approach to the timing industry.

Icon

Founding Visionaries

Marcus Lutz brought a MEMS resonator prototype from his time at Bosch. Aaron Partridge contributed his Stanford research on thick film encapsulation for enhanced MEMS resilience.

Icon

Disruptive Innovation

The founders focused on developing a miniature, fully-encapsulated silicon device. This innovation was designed for mass manufacturability, aiming to revolutionize the traditional timing market.

Icon

Early Funding

In 2006, SiTime secured $20 million in Series A funding. Key investors included prominent venture capital firms like Kleiner Perkins Caufield & Byers and NEA.

Icon

Acquisition by MegaChips

In 2014, SiTime was acquired by MegaChips, a Japanese fabless semiconductor company, for $200 million. This marked a significant shift in the company's ownership structure.

Icon

Post-Acquisition Ownership

Following the acquisition, MegaChips became a substantial shareholder. When SiTime went public in November 2019, MegaChips retained a 25% ownership stake.

Icon

Founders' Influence

While specific initial equity splits are not public, the founders' vision heavily influenced SiTime's early trajectory. Their focus remained on advancing MEMS-based timing solutions.

The ownership of SiTime Company has evolved significantly since its inception. Initially a venture-backed startup, its acquisition by MegaChips in 2014 fundamentally altered its ownership landscape. This transition led to MegaChips holding a considerable stake, which continued even after SiTime's public offering in 2019, impacting the Si Time ownership structure and its subsequent operations. Understanding this history is crucial for grasping the current Si Time ownership and its implications for investors and stakeholders, providing context for the Revenue Streams & Business Model of Si Time.

Icon

Key Ownership Milestones

SiTime's journey from a startup to a publicly traded entity involved pivotal ownership changes.

  • Founding in 2005 by Marcus Lutz, Aaron Partridge, and Dr. Jingqing Han.
  • Securing $20 million in Series A funding in 2006 from venture capital firms.
  • Acquisition by MegaChips for $200 million in 2014.
  • MegaChips retaining a 25% ownership stake post-acquisition and IPO.
  • Transition to a publicly traded company in November 2019.

Complete Si Time Strategy Bundle

  • 6 Full Frameworks, 1 Company – All Pre-Researched
  • Each Framework Fully Sourced with Real Company Data
  • Built for Strategy Courses, Case Studies & MBA Programs
  • Adapt to Your Assignment – No Starting from Scratch
  • 6 Frameworks: SWOT, PESTLE, Porter's, BMC, BCG and 4P's
Get Related Template

How Has Si Time’s Ownership Changed Over Time?

The ownership journey of SiTime Company has seen significant shifts, notably its acquisition by MegaChips in 2014 and subsequent Initial Public Offering (IPO) in November 2019. This transition from private to public ownership fundamentally altered its shareholder base and governance structure.

Shareholder Type Ownership Percentage (as of July 25, 2025) Key Holders
Institutional Investors 84.31% Fmr Llc, BlackRock, Inc., Vanguard Group Inc, Invesco Ltd., State Street Corp.
MegaChips 24%
Corporate Insiders 2.10% CEO Rajesh Vashist (490,320 shares as of May 16, 2025)

Following its IPO, SiTime Company's ownership structure is now predominantly held by institutional investors, reflecting a significant shift from its earlier private ownership under MegaChips. This concentration of ownership among large financial entities, such as Fmr Llc, BlackRock, Inc., and Vanguard Group Inc, influences the company's strategic direction and operational oversight, subjecting it to the expectations and governance standards of the public market. Understanding these major stakeholders is crucial for grasping the current dynamics of Si Time ownership.

Icon

Key Stakeholders in SiTime Company

Institutional investors collectively hold the vast majority of SiTime Company's shares, underscoring their significant influence. MegaChips remains a substantial shareholder, indicating a continued strategic interest.

  • Institutional investors own 84.31% of SiTime Company as of July 25, 2025.
  • Fmr Llc holds 3,310,518 shares as of March 31, 2025.
  • BlackRock, Inc. possesses 3,124,195 shares as of March 31, 2025.
  • Vanguard Group Inc owns 2,467,038 shares as of March 31, 2025.
  • MegaChips maintains a 24% ownership stake.
  • Corporate insiders, including the Si Time CEO, hold 2.10% as of August 1, 2025.
  • The company's IPO in November 2019 marked a pivotal moment in its ownership evolution.

From PESTLE Factors to Full Strategy Bundle

  • PESTLE + SWOT + Porter's + BCG + BMC + 4P's in One Bundle
  • Every Strategic Angle Covered – Nothing Left to Research
  • Pre-filled with Company-Specific Research
  • No Missing Sections for Your Case Study
  • One Download Covers Your Entire Company Analysis
Get Related Template

Who Sits on Si Time’s Board?

The Board of Directors at SiTime Corporation is instrumental in guiding the company's strategic direction and overseeing its operations. As of April 2024, the board comprises individuals with significant experience in technology and business leadership, ensuring robust corporate governance. Rajesh Vashist holds the dual roles of Chairman of the Board and Chief Executive Officer.

Director Name Role
Rajesh Vashist Chairman of the Board and CEO
Edward H. Frank Independent Director
Christine A. Heckart Independent Director
Torsten G. Kreindl Independent Director
Katherine E. Schuelke Independent Director
Akira Takata Independent Director
Tom D. Yiu Independent Director

SiTime Corporation operates with a straightforward voting structure where each share of common stock carries one vote. The company's governance documents, including its amended and restated certificate of incorporation, do not permit cumulative voting for director elections. This means that a simple majority of the votes cast can determine the outcome for all director positions. The board's size is determined by the Board itself, and it is structured with a classified board system, meaning directors serve staggered three-year terms. This setup is designed to ensure continuity in leadership and can influence the dynamics of any potential changes in control. The company holds its annual stockholder meetings, with the most recent one conducted virtually on May 30, 2024, where directors are nominated by the nominating and corporate governance committee for election by shareholders. Understanding the Brief History of Si Time can provide further context on its ownership evolution.

Icon

Understanding SiTime's Board and Voting Power

SiTime's corporate governance is shaped by its board structure and voting mechanisms. The board's composition and the one-share-one-vote policy are key elements for shareholders to consider.

  • The board includes both executive and independent directors.
  • Voting is based on a one-share-one-vote principle.
  • There is no cumulative voting for director elections.
  • The board is divided into three classes with staggered three-year terms.
  • Annual stockholder meetings are held to elect directors.

Si Time Business Model + Strategy Bundle

  • Ideal for Essays, Case Studies & Slides
  • Get BCG, SWOT, PESTLE, Porter's, 4P's Mix & BMC Together
  • Company-Specific Content Already Organized
  • One Bundle Replaces Days of Independent Research
  • Buy the Bundle Once. Use Across All Your Assignments
Get Related Template

What Recent Changes Have Shaped Si Time’s Ownership Landscape?

Over the past few years, SiTime Corporation has seen significant strategic moves and shifts in its ownership landscape. The company's focus on expanding its product offerings and solidifying its market position has been a key driver of these developments, influencing who owns Si Time and its overall company structure.

Date Transaction Type Amount Notes
November 2023 Acquisition $148 million (fixed) + up to $120 million (earnouts) Acquisition of Aura Semiconductor's clock products and IP
June 2025 Follow-on Public Offering $350 million (gross proceeds) Pricing of 1,750,000 shares at $200.00 per share

Institutional investors remain the dominant force in SiTime's ownership, holding a substantial 84.31% of the company's shares as of August 1, 2025. This high level of institutional backing is a common characteristic within the semiconductor sector. Concurrently, insider activity has been notable, with key executives like CEO Rajesh Vashist and EVP Fariborz Assaderaghi engaging in share sales throughout 2024 and 2025. These transactions, including Vashist's sales totaling over $4.6 million in May and July 2025, and Assaderaghi's sale of over $1 million in May 2025, contributed to over $13.4 million in insider sales within the ninety days prior to August 1, 2025, and over $38 million over the preceding two years. These sales provide valuable insights into Si Time ownership details for investors and highlight potential shifts in individual ownership stakes.

Icon Institutional Investor Dominance

Institutional investors hold a significant majority of SiTime's shares, indicating strong confidence from large financial entities in the company's trajectory.

Icon Insider Share Transactions

Notable sales by key executives in 2024 and 2025 provide a glimpse into individual ownership changes and potential liquidity management by management.

Icon Strategic Acquisition Impact

The acquisition of Aura Semiconductor's clock products is poised to enhance SiTime's market presence and revenue streams in the timing market.

Icon Public Offering for Growth Capital

The recent follow-on public offering generated substantial capital, supporting the company's expansion plans and potentially altering the Si Time ownership breakdown by percentage.

From Five Forces to Full Company Analysis

  • Includes SWOT, PESTLE, BMC, BCG and 4P's
  • Pre-Researched with Company-Specific Data
  • Best Value for a Complete Analysis
  • Ready to Adapt for Your Case Study
  • Ready for Essays and Slidesd
Get Related Template

Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.