Qorvo, Inc. has completed its previously announced merger with Skyworks Solutions, Inc. The transaction was finalized on October 5, 2026, following the execution of the Agreement and Plan of Merger dated October 27, 2025. The deal involved two-step mergers where Qorvo was first merged into a subsidiary of Skyworks and subsequently merged into a second subsidiary, resulting in Skyworks becoming the parent company.
Under the terms of the agreement, Qorvo stockholders received a combination of Skyworks common stock and cash. Each share of Qorvo common stock was converted into the right to receive 0.960 shares of Skyworks common stock and $32.50 in cash per share. The company also terminated its Credit Agreement with Bank of America, N.A., and paid all outstanding fees and obligations in full at the time of the merger.
As a result of the merger, Qorvo’s common stock was delisted from the NASDAQ Global Select Market. The company requested that NASDAQ file a notification to strike its stock from listing and terminate its registration under the Securities Exchange Act of 1934. Consequently, Qorvo will no longer be listed on NASDAQ, and the company intends to file a certification to terminate its reporting obligations under the Exchange Act.
Qorvo’s board of directors resigned at the closing, and management roles were transferred to the surviving entity. Additionally, outstanding equity awards were adjusted; vested restricted stock units were converted into cash and Skyworks stock, while unvested awards were assumed by Skyworks and converted into restricted stock units covering Skyworks shares.
