Skyworks signs agreement to acquire Qorvo in cash-and-stock transaction
Skyworks and Qorvo entered a definitive agreement to combine, subject to regulatory approvals and other closing conditions.
Evidence notes
- The consideration combines cash and Skyworks shares, with Qorvo investors retaining a minority ownership position in the combined semiconductor company.
- Phil Brace is designated to lead the combined company, while Qorvo chief executive Robert Bruggeworth is expected to join its board.
- Qorvo remains a separate public company while approvals are pending; its fiscal 2026 filing anticipated completion in early calendar 2027.
Company context
Qorvo develops and manufactures radio-frequency, analog, mixed-signal, power-management, motor-control, connectivity and sensing semiconductors for mobile, industrial, automotive, defense and aerospace systems.