Skyworks Solutions

Skyworks Solutions and Qorvo have entered into a definitive agreement to combine in a cash-and-stock transaction valued at approximately $22 billion, creating a U.S.-based leader in high-performance RF, analog and mixed-signal semiconductors.

Skyworks Solutions signed a definitive agreement to purchase Avnera Corporation, a developer of analog system-on-chips for audio and voice processing. The acquisition is expected to close by September 2018.

Skyworks Solutions, Inc. and Qorvo, Inc. entered into a definitive agreement to combine in a cash-and-stock transaction valuing the combined enterprise at approximately $22 billion. The combined company will have revenue of $7.7 billion and Adjusted EBITDA of $2.1 billion.

Hanmi Semiconductor announced a contract to supply semiconductor manufacturing equipment to Skyworks. The contract is valued at 7.44 billion KRW (approx. USD 6.9 million) and was signed on February 7, 2018.

Skyworks Solutions reported a design win with tracking device maker XY Findables, supplying front-end systems for Bluetooth Low Energy connectivity in personal item finders. Shipment volumes and financial impact were not disclosed.

Hanmi Semiconductor announced it received a 7.098 billion won order from US-based Skyworks for semiconductor manufacturing equipment, representing 4.27% of its 2016 consolidated revenue.

Skyworks Solutions and PMC-Sierra announced an amended merger agreement under which Skyworks will acquire PMC for $11.60 per share in cash, increased from $10.50 per share. The transaction is expected to close in the first half of 2016.