SWKS · 10-K · 2026A · Full report

Acquisition / Partnership / Divestiture

SKYWORKS SOLUTIONS, INC. · 2026-11-10 · Importance 71 · Surprise 60 · In source text

Skyworks completed its acquisition of Qorvo on October 5, 2026, making Qorvo a wholly owned subsidiary. Qorvo stockholders received approximately $2.9 billion in cash and 85.3 million Skyworks shares, at a stated exchange ratio of 0.960 Skyworks shares plus $32.50 in cash per Qorvo share. Skyworks issued $2.0 billion of senior notes and used cash on hand and revolver funds to help fund the cash consideration, and it exchanged $1.55 billion of Qorvo senior notes for Skyworks notes with substantially similar terms.

Key facts

• On October 5, 2026, Skyworks completed its acquisition of Qorvo, Inc., and Qorvo became a wholly owned subsidiary of Skyworks. source
• Under the Qorvo merger terms, each eligible Qorvo share converted into 0.960 of a Skyworks share and $32.50 in cash. source
• Skyworks issued $2,000.0 million in senior notes on August 10, 2026: $800.0 million of 5.00% notes due 2028, $600.0 million of 5.75% notes due 2032, and $600.0 million of 6.25% notes due 2036, to fund the cash portion of the Qorvo merger. source
• Qorvo stockholders received approximately $2.9 billion in cash and 85.3 million Skyworks shares in aggregate. source
• Skyworks completed exchange offers for $1,550.0 million of Qorvo senior notes, exchanging them for newly issued Skyworks senior notes with substantially similar terms. source

Impact estimates