02 August 2012
Vectron, Knowles form MEMS timing partnership with SiTime
With the goal of driving growth in MEMS timing into the frequency control products market, Vectron International and Knowles Electronics have partnered with SiTime Corporation.
The agreement, which includes a cash investment by Vectron and Knowles, will see both companies selling MEMs timing products through their sales channels and supporting SiTime with future product developments.
"We have closely followed advancements in MEMS timing technology over the last decade and believe that SiTime's product performance is poised to disrupt the timing industry and enable new market growth," commented Vectron president Rick Hajec.
"Along with SiTime, Knowles-Vectron's leadership position in consumer and precision timing markets is a potent combination that will accelerate the transformation of the timing industry," added Rajesh Vashist, ceo of SiTime.
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