# Skyworks completes $22B acquisition of Qorvo

Skyworks Solutions announced the successful completion of its merger with Qorvo, with a total enterprise value of approximately $22 billion. The combined entity will operate under the Skyworks brand and is expected to generate annual revenue of $7.7 billion.

- Type: Acquisition
- Announced: 2023-07-14
- Where: United States
- Value: $22.0B
- Status: completed
- Products: radio frequency chips, power management solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Qorvo](https://endata.com/companies/20471.md) (target)
- [Skyworks Solutions](https://endata.com/companies/25797.md) (acquirer)

## Sources

- [doit.com.cn](https://www.doit.com.cn/itnews/857010195824709.html), 2023-07-14: "通过整合，双方意在提升与博通、高通等综合型巨头的竞争实力，并降低对智能手机业务的单一依赖。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.