Qorvo agrees to merge with Skyworks in cash-and-stock deal valued at $22 billion
Qorvo signed a merger agreement on October 27, 2025, with Skyworks Solutions under which Qorvo becomes a wholly owned subsidiary of Skyworks. Each Qorvo share would convert into 0.960 Skyworks shares plus $32.50 in cash, and Qorvo shares would be delisted from Nasdaq at closing. The deal requires Qorvo and Skyworks shareholder approval and regulatory clearances, with closing expected in early calendar 2027.
Key points
- Each Qorvo share converts into 0.960 Skyworks shares plus $32.50 in cash
- Qorvo shareholders would own about 37% of the combined company; Skyworks shareholders about 63%
- Phil Brace to be chief executive of the combined company; Robert Bruggeworth to be one of three Qorvo-designated directors on an 11-member board
- Closing expected early calendar 2027; either party may terminate if the Mergers are not completed by April 27, 2027, subject to extensions
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.