Skyworks and Qorvo Announce $22 Billion Merger
Skyworks Solutions and Qorvo have entered into an agreement to merge in a cash-and-stock transaction valued at approximately $22 billion.
The combined entity will have revenue of $7.7 billion and Adjusted EBITDA of $2.1 billion, positioning it to compete more effectively with larger semiconductor rivals.
Strengthening Leadership in RF and Analog Markets
The merger enhances scale and innovation.said Skyworks CEO Phil Brace.
The merger will drive stronger 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.
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