M&A
confidence high
sentiment positive
materiality 0.95
Skyworks completes merger with Qorvo; Qorvo holders receive $32.50 cash and 0.960 SWKS shares
SKYWORKS SOLUTIONS, INC.
- Merger closed Oct. 5, 2026; Qorvo stockholders receive $32.50 cash plus 0.960 Skyworks share per Qorvo share.
- Skyworks issued $800M 5.000% 2028 notes, $600M 5.750% 2032 notes, and $600M 6.250% 2036 notes to fund the cash consideration.
- Combined company expects $500M+ annual cost synergies within 24-36 months and immediate non-GAAP EPS accretion.
- Skyworks Board expands to 11 directors; Qorvo designees Robert Bruggeworth, Richard Clemmer, and Christopher Koopmans join.
- Robert Terry ceased as General Counsel; J.K. Givens, formerly Qorvo General Counsel, becomes Skyworks General Counsel and Secretary.