Skyworks Solutions and Qorvo have agreed to merge in a $22 billion cash-and-stock transaction.
The combined entity will have $7.7 billion in revenue and $2.1 billion in Adjusted EBITDA, positioning it to compete with larger semiconductor rivals.
The merger will drive innovation, cost efficiencies, and growth in high-demand markets such as mobile, defense, and AI data centers.
Skyworks CEO Phil Brace said the merger "enhances scale and innovation".
The merger will create a U.S.-based powerhouse in radio frequency (RF), analog, and mixed-signal semiconductors.
Autor summary: Companies merge for $22 billion.