.
MergerLinks Header Logo

Announced

Completed

Qorvo completes the acquisition of Cavendish Kinetics.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

sensor devices

electronic equipment

Acquisition

Majority

Friendly

United States

Electronic Components and Equipment

Private

Completed

Single Bidder

Synopsis

Edit

Qorvo, a provider of innovative Radio Frequency(RF) solutions completes the acquisition of Cavendish Kinetics, a provider of RF equipment and sensors. Financial terms were not disclosed. The Cavendish Kinetics (CK) team will continue to advance RF MEMS technology for applications across Qorvo's product lines and transition the technology into high-volume manufacturing for mobile devices and other markets. "The addition of Cavendish Kinetics allows us to build on Qorvo's market leadership in antenna tuning. Several of the world's leading smartphone suppliers have validated significant improvements in antenna performance through lower losses and higher linearity delivered by CK's RF MEMS technology." Eric Creviston, Qorvo President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US