QRVO news

Skyworks Solutions has received the necessary regulatory clearances to proceed with its proposed acquisition of Qorvo. The companies are now scheduled to close the transaction on or about October 5, 2026.

Qorvo announced fiscal 2027 first-quarter earnings showing strong revenue and profit growth on a non-GAAP basis, while noting the company has discontinued guidance due to its pending transaction with Skyworks.

Following the recently announced strategic transaction, Skyworks and Qorvo have named the executive leadership for the combined organization. CEO Phil Brace is expected to lead the entity post-merger.

Skyworks Solutions initiated exchange offers and consent solicitations to exchange Qorvo's outstanding senior notes for new Skyworks-issued notes in connection with its anticipated acquisition of Qorvo. The move allows Skyworks to refinance Qorvo's debt under its own credit terms while maintaining t…