Skyworks and Qorvo Announce $22 Billion Merger
Skyworks Solutions and Qorvo have agreed to a cash-and-stock transaction valued at approximately $22 billion.
The merger will create a U.S.-based leader in radio frequency (RF), analog, and mixed-signal semiconductors, with a combined revenue of $7.7 billion and Adjusted EBITDA of $2.1 billion.
Strengthening Leadership in RF and Analog Markets
The merger enhances scale and innovation.
Skyworks CEO Phil Brace noted that the combined entity will be better positioned to compete with larger semiconductor rivals, driving innovation, cost efficiencies, and growth in high-demand markets such as mobile, defense, aerospace, automotive, IoT, and AI data centers.
Author's summary: Skyworks and Qorvo merge to create a $22 billion semiconductor leader.
- Merger value: $22 billion
- Combined revenue: $7.7 billion
- Adjusted EBITDA: $2.1 billion