Qorvo and Skyworks Merger Agreement

On October 27, 2025, Qorvo, Inc. entered into an Agreement and Plan of Merger with Skyworks Solutions, Inc. The merger involves a two-step process: first, Comet Acquisition Corp., a wholly owned subsidiary of Skyworks, will merge with Qorvo, with Qorvo surviving as a wholly owned subsidiary of Skyworks. Immediately following, the surviving entity will merge with Comet Acquisition II, LLC, another wholly owned subsidiary of Skyworks, with Comet Acquisition II continuing as the surviving entity. Qorvo stockholders will receive 0.960 shares of Skyworks common stock and $32.50 in cash for each share of Qorvo common stock. The merger is expected to close in early 2027, subject to regulatory and stockholder approvals. The combined company will be owned approximately 37% by Qorvo equityholders and 63% by Skyworks equityholders.