Deloitte LLP in San Francisco published this year’s technology ranking “Deloitte’s 2012 Technology Fast 500” on 14 November. This ranking includes the 500 fastest-growing companies in the technology, media, telecommunication, biotechnology and environmental technology segments in North America. The evaluation was particularly successful for the US company SiTime. Only founded in 2005, the manufacturer of analogue semiconductor products is the fastest-growing semiconductor company in North America and no. 38 in the overall Deloitte ranking. The ranking of the winners was determined based on their percentage sales growth between 2007 and 2011. SiTime boosted its sales by 3,853 percent in this period.
“The innovative SiTime silicone MEMS and analogue technology is currently revolutionising the timing industry, with a sales volume that grew to more than USD 6 billion over the last few decades. Our products with unrivalled performance, reliability and flexibility are being brought to market at very competitive prices. Thanks to their advantages, many companies that develop and produce electronic products have chosen timing solutions from SiTime,” says Rajesh Vashist, CEO of SiTime. “We are proud of our position as the fastest-growing semiconductor company in North America, and would like to thank our customers and employees for their support in achieving such great success.”
SiTime, the international market leader for MEMS-based timing solutions, has been the official supplier of SE Spezial-Electronic AG since 1 March 2012. The portfolio includes standard oscillators (XO), spread-spectrum oscillators (SSXO), voltage-controlled oscillators (VCXO), digitally controlled oscillators (DCXO) and temperature-compensated oscillators (TCXO) with asymmetrical (0.2 MHz to 220 MHz) and differential outputs (1 MHz to 800 MHz). Numerous SE customers have come to value the robust MEMS oscillators from SiTime as a highly interesting alternative to conventional quartz oscillators.
“SiTime’s innovative silicon MEMS and analog technology is “SiTime’s innovative silicon MEMS and analog technology is revolutionizing the decades-old, billion timing industry. Our products offer unsurpassed performance, reliability and flexibility, with the lowest cost of ownership. These compelling benefits are driving major electronics companies to rapidly adopt SiTime’s solutions,” said Rajesh Vashist, CEO of SiTime. “We are honored to be recognized as the fastest growing semiconductor company in North America and want to thank our customers and employees for enabling SiTime to win this prestigious award.”
About SiTime
SiTime Corporation, an analog semiconductor company, offers MEMS-based silicon timing solutions that replace legacy quartz products. With 80% market share and over 120 million devices shipped, SiTime is driving the Billion timing market’s transition to 100% silicon-based timing. SiTime’s configurable solutions enable customers to differentiate their products with higher performance, reduced size and better reliability. The rich feature set and flexibility of our solutions allows customers to consolidate their supply-chain, reducing cost of ownership and time to market. By using standard semiconductor processes and high volume plastic packaging, SiTime offers the best availability and shortest lead times in the industry. Top-tier manufacturers are experiencing these benefits and recognize SiTime as The Smart Timing Choice.
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