Skyworks completes Qorvo combination; Qorvo holders receive $32.50 cash per share
Skyworks completed its combination with Qorvo on October 5, 2026. Each Qorvo share was converted into 0.960 Skyworks shares plus $32.50 in cash, and Skyworks says the deal is immediately accretive to non-GAAP EPS and expects $500 million or more in annualized cost synergies within 24 to 36 months. Shareholders face a larger share count and new debt, since Skyworks issued $2.0 billion of senior notes in August to fund the cash portion.
Key points
- Qorvo holders receive 0.960 Skyworks shares and $32.50 in cash for each Qorvo share.
- Legacy Skyworks shareholders own about 63% of the combined company and legacy Qorvo shareholders about 37%, on a fully diluted basis.
- Skyworks notes issued August 10, 2026: $800 million due 2028, $600 million due 2032 and $600 million due 2036, used to finance the cash consideration.
- Skyworks board expands to 11 directors; General Counsel Robert Terry's last day is October 5, 2026, and Jason K. Givens becomes SVP and General Counsel.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 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 05, 2026.
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.