FTC requests additional information on Skyworks-Qorvo merger

The Federal Trade Commission has requested additional information from both Skyworks Solutions Inc. (NASDAQ: SWKS) and Qorvo Inc. (NASDAQ: QRVO) regarding their proposed merger, extending the regulatory review period under the Hart-Scott-Rodino Antitrust Improvements Act.

The companies received the second requests on February 5, 2026, as part of the FTC's examination of the transaction announced in October 2025. Under the merger agreement, Skyworks would acquire Qorvo through a two-step process that would make Qorvo a wholly owned subsidiary of Skyworks.

The second requests extend the HSR Act waiting period until 30 days after both companies substantially comply with the information requests, unless the period is voluntarily extended by the parties or terminated earlier by the FTC. Both companies stated they have been working cooperatively with the commission and will continue to do so.

The proposed transaction remains subject to several conditions, including expiration or termination of the HSR Act waiting period, receipt of clearances and approvals from antitrust and foreign investment authorities in certain non-U.S. jurisdictions, and satisfaction of other closing conditions outlined in the merger agreement.

In October, the two companies agreed to combine in a cash-and-stock transaction valuing the combined enterprise at approximately $22 billion. Under the agreement, Qorvo shareholders will receive $32.50 in cash and 0.960 of a Skyworks common share for each Qorvo share held at closing.

You May Also Be Interested In