SANTA CLARA — An electronics company has signed a lease in the South Bay that will enable the tech firm to greatly expand its local footprint, a regulatory filing shows.
SiTime has rented 149,300 square feet in two office buildings in Santa Clara, the company stated in a disclosure it made to the Securities and Exchange Commission.
Office and research buildings at 3250 Jay Street (left) and 3260 Jay Street (right) in Santa Clara, seen in October 2022. (Google Maps)
The buildings that SiTime leased are at 3250 and 3260 Jay St. in Santa Clara, a site that’s adjacent to the interchange of U.S. Highway 101, San Tomas Expressway and Montague Expressway, the regulatory filing shows.
The tech company makes ultra-tiny mechanical systems that enable an array of electronic devices to accurately keep the correct time.
“SiTime precision timing devices are used in many of the world’s biggest brands that keep you connected and safe, from the smartphone in your pocket to the earthquake detection system near your home,” the company states in a post on its website.
The new location appears to represent a significant expansion for SiTime.
At present, the tech company occupies another Santa Clara building at 5451 Patrick Henry Dr., the SEC filing states. That office site totals 50,400 square feet, according to the LoopNet and CompStak commercial property databases.
In 2025, SiTime lost $42.9 million on revenues of $326.7 million, according to the Yahoo Finance site. Both of those numbers are improvements from the year prior: In 2024, SiTime lost $93.4 million on revenues of $202.7 million.
SiTime is betting that its microelectronics systems will be able to disrupt the quartz timing market.
“Timing continues to play a vital role in the innovations of tomorrow, enabling new industries such as autonomous transportation, underlying synchronization within 5G networks, and helping to realize the full potential of the Internet of Things,” SiTime states on its website.