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Qorvo® to Acquire Anokiwave

Jan 31, 2024over 1 year ago

Acquiring Company

Qorvo

Acquired Company

ANOKIWAVE, INC.

GreensboroBillericaSemiconductor ManufacturingSemiconductor Manufacturing

Description

Qorvo has reached a definitive agreement to acquire Anokiwave, a leading supplier of high-performance silicon integrated circuits (ICs) for intelligent active array antennas for D&A, SATCOM and 5G applications. The acquisition is expected to enhance Qorvo's capabilities and product offerings, enabling the supply of highly integrated complete solutions and system in package (SiP) for defense, aerospace, and network infrastructure applications.

Company Information

Company

Qorvo

Location

Greensboro, North Carolina, United States

About

Qorvo is a leading global provider of connectivity and power solutions. The company supplies innovative semiconductor solutions that make a better world possible, serving diverse high-growth segments of large global markets such as automotive, consumer, defense & aerospace, industrial & enterprise, infrastructure, and mobile. Qorvo combines product and technology leadership with systems-level expertise and global manufacturing scale to solve complex technical challenges. Their advanced portfolio of Wi-Fi 7 FEMs is designed for mobile applications, providing unmatched flexibility in power management and efficiency.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed