Skyworks Solutions completes merger with Qorvo, expecting $500 million in annual synergies

Skyworks Solutions, Inc. (SWKS) has completed its merger with Qorvo, Inc. on October 5, 2026. Each eligible Qorvo common share converted into the right to receive 0.960 Skyworks common shares and $32.50 in cash. The combination is anticipated to be immediately accretive to non-GAAP EPS and yield annualized cost synergies of $500 million or more within 24 to 36 months after full integration.