http://streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Wed, 17 Jun 2026 18:00:20 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Mergers+and+Acquisitions/Renesas+acquires+Pictorus+to+expand+embedded+software+platform/26661151.html <p>Renesas Electronics Corporation (TSE: 6723) announced that a subsidiary has completed the acquisition of Pictorus, a software developer based in Oakland, California.</p> <p>Pictorus offers a cloud-based behavioral modeling platform designed for embedded system development. The platform allows engineers to design system behavior visually by drawing block diagrams in a web browser, which are then automatically converted into executable embedded software written in Rust, with C/C++ and Python interoperability.</p> <p>Renesas said the acquisition will be integrated into Renesas 365, its recently released platform for electronics system development. The combined offering is intended to support model-based system design, virtual prototyping, and code generation for http://www.streetinsider.com/Mergers+and+Acquisitions/Renesas+acquires+Pictorus+to+expand+embedded+software+platform/26661151.html Wed, 17 Jun 2026 18:00:20 -0400 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Mergers+and+Acquisitions/Renesas+acquires+Pictorus+to+expand+embedded+software+platform/26661151.html <p>Renesas Electronics Corporation (TSE: 6723) announced that a subsidiary has completed the acquisition of Pictorus, a software developer based in Oakland, California.</p> <p>Pictorus offers a cloud-based behavioral modeling platform designed for embedded system development. The platform allows engineers to design system behavior visually by drawing block diagrams in a web browser, which are then automatically converted into executable embedded software written in Rust, with C/C++ and Python interoperability.</p> <p>Renesas said the acquisition will be integrated into Renesas 365, its recently released platform for electronics system development. The combined offering is intended to support model-based system design, virtual prototyping, and code generation for http://www.streetinsider.com/Mergers+and+Acquisitions/Renesas+acquires+Pictorus+to+expand+embedded+software+platform/26661151.html Wed, 17 Jun 2026 18:00:20 -0400 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Mergers+and+Acquisitions/Renesas+acquires+Pictorus+to+expand+embedded+software+platform/26661151.html <p>Renesas Electronics Corporation (TSE: 6723) announced that a subsidiary has completed the acquisition of Pictorus, a software developer based in Oakland, California.</p> <p>Pictorus offers a cloud-based behavioral modeling platform designed for embedded system development. The platform allows engineers to design system behavior visually by drawing block diagrams in a web browser, which are then automatically converted into executable embedded software written in Rust, with C/C++ and Python interoperability.</p> <p>Renesas said the acquisition will be integrated into Renesas 365, its recently released platform for electronics system development. The combined offering is intended to support model-based system design, virtual prototyping, and code generation for http://www.streetinsider.com/Mergers+and+Acquisitions/Renesas+acquires+Pictorus+to+expand+embedded+software+platform/26661151.html Wed, 17 Jun 2026 18:00:20 -0400 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Mergers+and+Acquisitions/Renesas+acquires+Pictorus+to+expand+embedded+software+platform/26661151.html <p>Renesas Electronics Corporation (TSE: 6723) announced that a subsidiary has completed the acquisition of Pictorus, a software developer based in Oakland, California.</p> <p>Pictorus offers a cloud-based behavioral modeling platform designed for embedded system development. The platform allows engineers to design system behavior visually by drawing block diagrams in a web browser, which are then automatically converted into executable embedded software written in Rust, with C/C++ and Python interoperability.</p> <p>Renesas said the acquisition will be integrated into Renesas 365, its recently released platform for electronics system development. The combined offering is intended to support model-based system design, virtual prototyping, and code generation for http://www.streetinsider.com/Mergers+and+Acquisitions/Renesas+acquires+Pictorus+to+expand+embedded+software+platform/26661151.html Wed, 17 Jun 2026 18:00:20 -0400 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Press+Releases/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html <p class="bwalignc"><i>This Strategic Move Brings Renesas Another Step Closer to Realizing Its Digitalization Vision</i></p> <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, announced today that a Renesas subsidiary has completed the acquisition of software developer Pictorus, based in Oakland, California.</p><p>With the acquisition of Pictorus, Renesas gains a cloud-based behavioral modeling platform that accelerates embedded system development, moving the engineering experience beyond point tools by providing a connected platform for model-based system design. This acquisition will enhance the value of Renesas 365, Renesas’ newly released platform that unifies electronics system development from http://www.streetinsider.com/Press+Releases/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html Wed, 17 Jun 2026 18:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Press+Releases/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html <p class="bwalignc"><i>This Strategic Move Brings Renesas Another Step Closer to Realizing Its Digitalization Vision</i></p> <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, announced today that a Renesas subsidiary has completed the acquisition of software developer Pictorus, based in Oakland, California.</p><p>With the acquisition of Pictorus, Renesas gains a cloud-based behavioral modeling platform that accelerates embedded system development, moving the engineering experience beyond point tools by providing a connected platform for model-based system design. This acquisition will enhance the value of Renesas 365, Renesas’ newly released platform that unifies electronics system development from http://www.streetinsider.com/Press+Releases/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html Wed, 17 Jun 2026 18:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Press+Releases/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html <p class="bwalignc"><i>This Strategic Move Brings Renesas Another Step Closer to Realizing Its Digitalization Vision</i></p> <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, announced today that a Renesas subsidiary has completed the acquisition of software developer Pictorus, based in Oakland, California.</p><p>With the acquisition of Pictorus, Renesas gains a cloud-based behavioral modeling platform that accelerates embedded system development, moving the engineering experience beyond point tools by providing a connected platform for model-based system design. This acquisition will enhance the value of Renesas 365, Renesas’ newly released platform that unifies electronics system development from http://www.streetinsider.com/Press+Releases/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html Wed, 17 Jun 2026 18:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Press+Releases/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html <p class="bwalignc"><i>This Strategic Move Brings Renesas Another Step Closer to Realizing Its Digitalization Vision</i></p> <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, announced today that a Renesas subsidiary has completed the acquisition of software developer Pictorus, based in Oakland, California.</p><p>With the acquisition of Pictorus, Renesas gains a cloud-based behavioral modeling platform that accelerates embedded system development, moving the engineering experience beyond point tools by providing a connected platform for model-based system design. This acquisition will enhance the value of Renesas 365, Renesas’ newly released platform that unifies electronics system development from http://www.streetinsider.com/Press+Releases/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html Wed, 17 Jun 2026 18:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Press+Releases/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html <p class="bwalignc"><i>This Strategic Move Brings Renesas Another Step Closer to Realizing Its Digitalization Vision</i></p> <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, announced today that a Renesas subsidiary has completed the acquisition of software developer Pictorus, based in Oakland, California.</p><p>With the acquisition of Pictorus, Renesas gains a cloud-based behavioral modeling platform that accelerates embedded system development, moving the engineering experience beyond point tools by providing a connected platform for model-based system design. This acquisition will enhance the value of Renesas 365, Renesas’ newly released platform that unifies electronics system development from http://www.streetinsider.com/Press+Releases/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html Wed, 17 Jun 2026 18:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Business+Wire/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html <p class="bwalignc"><i>This Strategic Move Brings Renesas Another Step Closer to Realizing Its Digitalization Vision</i></p> <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, announced today that a Renesas subsidiary has completed the acquisition of software developer Pictorus, based in Oakland, California.</p><p>With the acquisition of Pictorus, Renesas gains a cloud-based behavioral modeling platform that accelerates embedded system development, moving the engineering experience beyond point tools by providing a connected platform for model-based system design. This acquisition will enhance the value of Renesas 365, Renesas’ newly released platform that unifies electronics system development from http://www.streetinsider.com/Business+Wire/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html Wed, 17 Jun 2026 18:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Business+Wire/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html <p class="bwalignc"><i>This Strategic Move Brings Renesas Another Step Closer to Realizing Its Digitalization Vision</i></p> <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, announced today that a Renesas subsidiary has completed the acquisition of software developer Pictorus, based in Oakland, California.</p><p>With the acquisition of Pictorus, Renesas gains a cloud-based behavioral modeling platform that accelerates embedded system development, moving the engineering experience beyond point tools by providing a connected platform for model-based system design. This acquisition will enhance the value of Renesas 365, Renesas’ newly released platform that unifies electronics system development from http://www.streetinsider.com/Business+Wire/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html Wed, 17 Jun 2026 18:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Business+Wire/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html <p class="bwalignc"><i>This Strategic Move Brings Renesas Another Step Closer to Realizing Its Digitalization Vision</i></p> <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, announced today that a Renesas subsidiary has completed the acquisition of software developer Pictorus, based in Oakland, California.</p><p>With the acquisition of Pictorus, Renesas gains a cloud-based behavioral modeling platform that accelerates embedded system development, moving the engineering experience beyond point tools by providing a connected platform for model-based system design. This acquisition will enhance the value of Renesas 365, Renesas’ newly released platform that unifies electronics system development from http://www.streetinsider.com/Business+Wire/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html Wed, 17 Jun 2026 18:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Business+Wire/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html <p class="bwalignc"><i>This Strategic Move Brings Renesas Another Step Closer to Realizing Its Digitalization Vision</i></p> <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, announced today that a Renesas subsidiary has completed the acquisition of software developer Pictorus, based in Oakland, California.</p><p>With the acquisition of Pictorus, Renesas gains a cloud-based behavioral modeling platform that accelerates embedded system development, moving the engineering experience beyond point tools by providing a connected platform for model-based system design. This acquisition will enhance the value of Renesas 365, Renesas’ newly released platform that unifies electronics system development from http://www.streetinsider.com/Business+Wire/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html Wed, 17 Jun 2026 18:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Business+Wire/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html <p class="bwalignc"><i>This Strategic Move Brings Renesas Another Step Closer to Realizing Its Digitalization Vision</i></p> <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, announced today that a Renesas subsidiary has completed the acquisition of software developer Pictorus, based in Oakland, California.</p><p>With the acquisition of Pictorus, Renesas gains a cloud-based behavioral modeling platform that accelerates embedded system development, moving the engineering experience beyond point tools by providing a connected platform for model-based system design. This acquisition will enhance the value of Renesas 365, Renesas’ newly released platform that unifies electronics system development from http://www.streetinsider.com/Business+Wire/Renesas+Acquires+Pictorus+to+Simplify+and+Accelerate+Embedded+Application+Software+Development/26661148.html Wed, 17 Jun 2026 18:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Press+Releases/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced a leadership transition within its Engineering organization. At his own request, Balaji Kanigicherla, Vice President, Head of Engineering and Chief Technology Officer (CTO), will step down from his role, effective June 5, 2026. </p><p> The company has appointed Manoher Bommena, Vice President of Innovation Office and EDA Technology, and Ramkumar Subramanian, Vice President of Business Operations &amp; Partnerships, both from the Engineering Group, as Interim Co-Heads of Engineering, effective June 6. In this role, they will jointly lead the company’s engineering, development and http://www.streetinsider.com/Press+Releases/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html Tue, 02 Jun 2026 03:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Press+Releases/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced a leadership transition within its Engineering organization. At his own request, Balaji Kanigicherla, Vice President, Head of Engineering and Chief Technology Officer (CTO), will step down from his role, effective June 5, 2026. </p><p> The company has appointed Manoher Bommena, Vice President of Innovation Office and EDA Technology, and Ramkumar Subramanian, Vice President of Business Operations &amp; Partnerships, both from the Engineering Group, as Interim Co-Heads of Engineering, effective June 6. In this role, they will jointly lead the company’s engineering, development and http://www.streetinsider.com/Press+Releases/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html Tue, 02 Jun 2026 03:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Press+Releases/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced a leadership transition within its Engineering organization. At his own request, Balaji Kanigicherla, Vice President, Head of Engineering and Chief Technology Officer (CTO), will step down from his role, effective June 5, 2026. </p><p> The company has appointed Manoher Bommena, Vice President of Innovation Office and EDA Technology, and Ramkumar Subramanian, Vice President of Business Operations &amp; Partnerships, both from the Engineering Group, as Interim Co-Heads of Engineering, effective June 6. In this role, they will jointly lead the company’s engineering, development and http://www.streetinsider.com/Press+Releases/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html Tue, 02 Jun 2026 03:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Press+Releases/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced a leadership transition within its Engineering organization. At his own request, Balaji Kanigicherla, Vice President, Head of Engineering and Chief Technology Officer (CTO), will step down from his role, effective June 5, 2026. </p><p> The company has appointed Manoher Bommena, Vice President of Innovation Office and EDA Technology, and Ramkumar Subramanian, Vice President of Business Operations &amp; Partnerships, both from the Engineering Group, as Interim Co-Heads of Engineering, effective June 6. In this role, they will jointly lead the company’s engineering, development and http://www.streetinsider.com/Press+Releases/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html Tue, 02 Jun 2026 03:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Press+Releases/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced a leadership transition within its Engineering organization. At his own request, Balaji Kanigicherla, Vice President, Head of Engineering and Chief Technology Officer (CTO), will step down from his role, effective June 5, 2026. </p><p> The company has appointed Manoher Bommena, Vice President of Innovation Office and EDA Technology, and Ramkumar Subramanian, Vice President of Business Operations &amp; Partnerships, both from the Engineering Group, as Interim Co-Heads of Engineering, effective June 6. In this role, they will jointly lead the company’s engineering, development and http://www.streetinsider.com/Press+Releases/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html Tue, 02 Jun 2026 03:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Business+Wire/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced a leadership transition within its Engineering organization. At his own request, Balaji Kanigicherla, Vice President, Head of Engineering and Chief Technology Officer (CTO), will step down from his role, effective June 5, 2026. </p><p> The company has appointed Manoher Bommena, Vice President of Innovation Office and EDA Technology, and Ramkumar Subramanian, Vice President of Business Operations &amp; Partnerships, both from the Engineering Group, as Interim Co-Heads of Engineering, effective June 6. In this role, they will jointly lead the company’s engineering, development and http://www.streetinsider.com/Business+Wire/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html Tue, 02 Jun 2026 03:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Business+Wire/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced a leadership transition within its Engineering organization. At his own request, Balaji Kanigicherla, Vice President, Head of Engineering and Chief Technology Officer (CTO), will step down from his role, effective June 5, 2026. </p><p> The company has appointed Manoher Bommena, Vice President of Innovation Office and EDA Technology, and Ramkumar Subramanian, Vice President of Business Operations &amp; Partnerships, both from the Engineering Group, as Interim Co-Heads of Engineering, effective June 6. In this role, they will jointly lead the company’s engineering, development and http://www.streetinsider.com/Business+Wire/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html Tue, 02 Jun 2026 03:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Business+Wire/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced a leadership transition within its Engineering organization. At his own request, Balaji Kanigicherla, Vice President, Head of Engineering and Chief Technology Officer (CTO), will step down from his role, effective June 5, 2026. </p><p> The company has appointed Manoher Bommena, Vice President of Innovation Office and EDA Technology, and Ramkumar Subramanian, Vice President of Business Operations &amp; Partnerships, both from the Engineering Group, as Interim Co-Heads of Engineering, effective June 6. In this role, they will jointly lead the company’s engineering, development and http://www.streetinsider.com/Business+Wire/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html Tue, 02 Jun 2026 03:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Business+Wire/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced a leadership transition within its Engineering organization. At his own request, Balaji Kanigicherla, Vice President, Head of Engineering and Chief Technology Officer (CTO), will step down from his role, effective June 5, 2026. </p><p> The company has appointed Manoher Bommena, Vice President of Innovation Office and EDA Technology, and Ramkumar Subramanian, Vice President of Business Operations &amp; Partnerships, both from the Engineering Group, as Interim Co-Heads of Engineering, effective June 6. In this role, they will jointly lead the company’s engineering, development and http://www.streetinsider.com/Business+Wire/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html Tue, 02 Jun 2026 03:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Business+Wire/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html <p> TOKYO--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced a leadership transition within its Engineering organization. At his own request, Balaji Kanigicherla, Vice President, Head of Engineering and Chief Technology Officer (CTO), will step down from his role, effective June 5, 2026. </p><p> The company has appointed Manoher Bommena, Vice President of Innovation Office and EDA Technology, and Ramkumar Subramanian, Vice President of Business Operations &amp; Partnerships, both from the Engineering Group, as Interim Co-Heads of Engineering, effective June 6. In this role, they will jointly lead the company’s engineering, development and http://www.streetinsider.com/Business+Wire/Renesas+Announces+Leadership+Transition+in+Engineering+Organization/26586038.html Tue, 02 Jun 2026 03:00:00 -0400 6723 6723 O.05105943 O.10063569 RNECY http://www.streetinsider.com/Mergers+and+Acquisitions/SiTime+receives+regulatory+clearance+for+Renesas+asset+acquisition/26466186.html <p>SiTime Corporation (NASDAQ: SITM) announced that the Hart-Scott-Rodino Act waiting period expired on May 8, 2026, clearing a regulatory hurdle for its acquisition of assets from Renesas Electronics America Inc., a subsidiary of Renesas Electronics Corporation (TSE: 6723).</p> <p>The companies signed an asset purchase agreement on February 4, 2026. The expiration of the antitrust waiting period satisfies a key closing condition, though the acquisition remains subject to other customary closing conditions.</p> <p>SiTime has secured a financing commitment from Wells Fargo for up to $900 million in the form of a 364-day senior secured bridge loan facility to fund part of the cash http://www.streetinsider.com/Mergers+and+Acquisitions/SiTime+receives+regulatory+clearance+for+Renesas+asset+acquisition/26466186.html Mon, 11 May 2026 09:05:10 -0400 6723 6875 A.21568654 A.30651659 O.00026402 O.01304767 O.05105881 O.10063569 O.21372686 SITM