Qorvo, Inc. (QRVO) · Oct 5, 2026 · Acquisition
$22B acquisition — 0.960 Skyworks shares plus $32.50 cash per Qorvo share
Skyworks has completed its Qorvo acquisition, converting Qorvo shares into cash and Skyworks stock while delisting the standalone company.
Qorvo entered this transaction as a connectivity and power semiconductor company focused on RF technologies across mobile, Wi-Fi, IoT, defense, automotive and data-center applications; the merger was positioned as a way to combine complementary RF, analog and mixed-signal portfolios into a larger platform. This filing completes that strategic transition, rather than introducing a new one. Qorvo and Skyworks had already announced the deal, obtained shareholder approvals and publicly indicated an October 5, 2026 closing target, so the completion itself was largely expected.
The legal and operating consequence is final: Qorvo is no longer an independent public company. Each Qorvo share was converted into 0.960 Skyworks shares plus $32.50 in cash. Qorvo requested Nasdaq delisting, halted trading before the October 5 open, and states that it ceased to exist after the second merger. 〔0〕
The filing removes transaction uncertainty but provides no proof yet that the combination is working. Qorvo’s board resigned, control moved to Skyworks, and the company terminated its revolving credit agreement with no borrowings outstanding. 〔1〕 The next value-creating test is integration: realizing the promised portfolio breadth, scale and business benefits without disrupting customers, employees or execution. Those benefits were part of the original deal rationale, not evidence delivered by this closing notice.
Bottom line: This is the scheduled completion of a previously announced acquisition, not a fresh operating signal. It matters because Qorvo’s standalone corporate and listing structure is over; the substantive test now shifts to Skyworks’ integration and execution of the combined semiconductor business.
Combined-company integration and synergy execution
A buy-side analyst on every ticker — it reads every public company's filing the instant it drops and decodes it into plain English.
A buy-side analyst on every ticker — the whole market decoded the second it moves, before it's a headline. Free gives you a taste. Pro takes the cap off and opens the full read on every company.