News Article
SiTime The Fastest Growing Semiconductor Company
SiTime Corporation says it is the fastest growing semiconductor company in North America, and is ranked 38th overall on Deloitte's 2012 Technology Fast 500.
This ranking of the 500 fastest growing technology covers media, telecommunications, life sciences and clean technology companies in North America.
Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.
SiTime's revenues grew an enormous 3853 percent during this period.
"SiTime's innovative silicon MEMS and analogue technology is revolutionizsng the decades-old, $6 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," says Rajesh Vashist, CEO of SiTime.
"We are honoured to be recognised 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," adds Vashist.
"The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy," completes Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS).
"As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of SiTime for this impressive accomplishment."
This ranking of the 500 fastest growing technology covers media, telecommunications, life sciences and clean technology companies in North America.
Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.
SiTime's revenues grew an enormous 3853 percent during this period.
"SiTime's innovative silicon MEMS and analogue technology is revolutionizsng the decades-old, $6 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," says Rajesh Vashist, CEO of SiTime.
"We are honoured to be recognised 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," adds Vashist.
"The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy," completes Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS).
"As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of SiTime for this impressive accomplishment."
