SiTime Signs Investment and Sales Deal with Vectron & Knowles Electronics

SiTime, which offers MEMS-based silicon timing solutions that replace legacy quartz products, announced a strategic partnership with Vectron International and Knowles Electronics. The partnership brings a cash investment by Vectron and Knowles. 

In addition, both Vectron International and Knowles Electronics will sell MEMS timing products through their own direct sales channels, as well as support SiTime with future product developments. http://www.sitime.com 01-Aug-12