Skyworks Closes $8.6B Qorvo Merger; Board Expands to 11, New GC Named
SWKS sits 64% above its 52-week low of $51.93.
Summary
Skyworks closed its Qorvo acquisition, creating a larger RF and analog semiconductor company. The 8-K confirms board composition, officer changes, and synergy targets of $500M+ annually.
Key Events · M&A and Partnerships · SWKS
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Qorvo Merger Completed
Skyworks closed its acquisition of Qorvo on October 5, 2026. Qorvo shareholders received $32.50 cash plus 0.960 Skyworks shares per Qorvo share; legacy Skyworks holders own ~63% of the combined company.
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Board Expands to 11 Directors
Three Qorvo designees joined the Skyworks board: Robert A. Bruggeworth, Richard L. Clemmer, and Christopher R. Koopmans. Kevin L. Beebe resigned from the board effective at closing.
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General Counsel Transition
Robert Terry ceased serving as SVP, General Counsel and Secretary; Jason K. Givens, formerly Qorvo's SVP and General Counsel, assumed the role.
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$500M+ Annual Cost Synergies
Management expects annualized cost synergies of $500 million or more, realized within 24-36 months post-close, with immediate non-GAAP EPS accretion.
Analysis · SWKS · Manufacturing
Skyworks completed its acquisition of Qorvo on October 5, 2026, finalizing a deal that creates a combined RF and analog semiconductor leader. Qorvo shareholders received $32.50 in cash plus 0.960 Skyworks shares per Qorvo share, leaving legacy Skyworks holders with approximately 63% of the combined company. The filing also locks in the governance structure: an 11-member board with three Qorvo designees, the departure of General Counsel Robert Terry, and the appointment of Qorvo's Jason Givens as his successor. Management expects $500 million or more in annual cost synergies within 24-36 months and immediate non-GAAP EPS accretion, with formal guidance coming on the November 3 earnings call.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SWKS was trading at $85.00 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $12.8B. The 52-week trading range was $51.93 to $92.80. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.