Qorvo completes merger, becomes Qorvo Technologies LLC under Skyworks
Qorvo shareholders receive 0.960 Skyworks shares plus $32.50 in cash per share as the deal closes
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UpdateMonday, October 5, 2026 at 8:45 AM ET
The later filing names three Qorvo designees joining the Skyworks board: Bob Bruggeworth, Richard Clemmer and Chris Koopmans. It also details a general counsel change: Robert Terry, Skyworks' former Senior Vice President, General Counsel and Secretary, departed effective October 5, 2026 with separation benefits under the company's severance plan, and Jason K. Givens, formerly Qorvo's General Counsel, becomes Skyworks' Senior Vice President and General Counsel.
Qorvo has completed its merger with Skyworks Solutions, effective October 5, 2026. Qorvo is now a wholly owned subsidiary of Skyworks and continues operating as Qorvo Technologies, LLC.
Under the merger agreement, each share of Qorvo common stock converted into the right to receive 0.960 shares of Skyworks common stock plus $32.50 in cash. Qorvo's board resigned at closing, its credit agreement was terminated with no borrowings outstanding, and Qorvo stock was halted and is being delisted from Nasdaq.
The deal cleared regulatory review on September 30, 2026. Skyworks has said the combination brings annualized cost synergies of $500 million or more, expected within 24 to 36 months, and that the deal is expected to be immediately accretive to non-GAAP EPS. Phil Brace leads the combined company.
Monday's filing is the formal corporate record of a closing already reported. It confirms Qorvo's delisting, the dissolution of its board and the termination of its credit agreement in the language of a securities filing rather than with new terms. It does not change the economics already fixed at close, the 0.960 share plus $32.50 cash exchange ratio and the 63%-37% ownership split between Skyworks and Qorvo shareholders. What it does is remove any remaining ambiguity about Qorvo's independent corporate existence, which now ends entirely with no outstanding debt carried forward. The next substantive data points investors will watch are integration updates against the $500 million synergy target, not further procedural steps like this one.