MergerAug 3, 2026, 06:18 AM
Skyworks-Qorvo Merger Nears Completion with HSR Clearance
AI Summary
Skyworks Solutions, Inc. provided an update on its previously announced merger with Qorvo, Inc. The company confirmed that the Hart-Scott-Rodino Antitrust Improvements Act waiting period has expired, and the U.S. Federal Trade Commission allowed its timing agreement to expire on August 1, 2026, without further action. While foreign investment approvals are complete, the parties are still working with regulatory bodies in China and South Korea. Skyworks is optimistic about closing the transaction within the current calendar year.
Key Highlights
- Skyworks and Qorvo entered a Merger Agreement on October 27, 2025.
- The HSR waiting period has expired, and the FTC allowed its Timing Agreement to expire on August 1, 2026.
- Regulatory approvals are still pending from China's SAMR and South Korea's KFTC.
- All foreign investment approvals have been cleared.
- Skyworks hopes to close the transaction within the calendar year, potentially within the fiscal year.
Price Impact
More from SWKS