Skyworks Solutions provided an update on its pending merger with Qorvo, Inc., announcing it has received U.S. antitrust clearance. The waiting period under the Hart-Scott-Rodino (HSR) Act has expired, and the Federal Trade Commission (FTC) allowed a timing agreement to expire on August 1, 2026, without taking further action. The company is now working to secure the remaining regulatory approvals required to close the transaction.
Key Details
- U.S. Antitrust Clearance: The HSR Act waiting period has expired, and the FTC concluded its review on August 1, 2026, allowing the merger to proceed in the U.S.
- Remaining Approvals: The transaction remains subject to approval from market regulators in China and South Korea. All necessary foreign investment approvals have been obtained.
- Expected Timeline: Skyworks is hopeful the transaction will close within the calendar year, contingent on receiving the remaining regulatory approvals.
- Original Agreement: The merger agreement with Qorvo was originally announced on October 27, 2025.