Sep. 10 at 8:11 PM
At Goldman Sachs’ Communacopia & Technology Conference in San Francisco, Skyworks executives discussed the progress of its planned merger with Qorvo and outlined the expected leadership structure of the combined company. The companies also extended exchange offers for Qorvo senior notes maturing in 2029 and 2031, another step toward closing the deal.
Announced in October 2025, the transaction is structured as a cash-and-stock deal under which Qorvo shareholders will receive 0.960 Skyworks shares plus
$32.50 in cash per share, implying a combined enterprise value of about
$22 billion. Regulatory progress and the debt-exchange extension have narrowed the merger-arbitrage spread and moved Qorvo closer to the deal’s implied value.
Qorvo shares reached a 52-week high as investors responded to the merger developments and Skyworks’ strong recent results, which included non-GAAP earnings well above analyst expectations and revenue that exceeded forecasts.
$SWKS $QRVO