Which types of acquisition does this organization make most frequently? The acquisition requires regulatory approval and is expected to close during Qorvo’s current fiscal quarter, which ends June 29. Vendor Evaluation Process 11. United States of America +1.407.886.8860 | Map Database Tables 13. Join ArrowPerks and … Qorvo®, Inc. (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, has entered into a definitive agreement to acquire Active-Semi International, Inc. (“Active-Semi”), a private fabless … By continuing to browse the site you are agreeing to our use of cookies in accordance with our, Gary Lerude, Microwave Journal Technical Editor, Qorvo Closes Active-Semi Deal, Expects $50M First-Year Revenue, Qorvo acquiring GreenPeak Technologies, fabless IoT semiconductor firm, Toward Augmented OTA Testing: Bringing Full-Wave Numerical Modeling and Antenna Measurements Together, Characterization of Additive Phase Noise in Microwave Amplifiers, Three Digitally-Controlled Tunable Filters for VHF to 18 GHz Applications, V-Band Balanced Mixer Offers Full Band Coverage, Otava Develops First Wideband 5G mmWave Beamformer IC, Top 10 Technical Articles, Products and Educational Topics, How the RF Front-end World is Being Ruled in the 5G Era, Compact Antennas for Future 5G Smartphones, Impulse Technologies Releases Anteral’s 24 GHz uRAD Radar, Frequency Matters, Jan 15: Jan Radar/Antenna Issue, EuMW & CES Events, Subscribe here to receive Microwave Journal, Carl Sheffres, Publisher, Microwave Journal, Tero Kiuru and Henrik Forstén, VTT Technical Research Centre of Finland Ltd., Espoo, Finland, Benoit Derat, Mert Celik and Sebastian Schmitz, Rohde & Schwarz, Munich, Germany, Winfried Simon and Andreas Lauer, IMST GmbH, Kamp-Lintfort, Germany. The Company uses a 52- or 53-week fiscal year ending on the Saturday closest to March 31 of each year. While RF front-ends for mobile generate most of Qorvo’s revenue — 72 percent in the December 2018 quarter — that market is highly dynamic and competitive. Apple, Qorvo’s largest customer, is challenged by softness in consumer demand for iPhones and is shifting its strategy to emphasize service revenue built on the company’s hardware platforms. Request a Quote Doug DeLieto Active-Semi’s programmable mixed signal power solutions provide customers with compelling simplicity, efficiency and design flexibility – resulting in smaller footprints, lower bill of material costs and reduced time to market. Founded in Silicon Valley with 141 employees worldwide, and headquartered in the Dallas, Texas metroplex, Active-Semi is an emerging leader in the multi-billion-dollar power management and intelligent motor drive IC markets. Post the acquisition, financials of Active-Semi will be reported under Qorvo’s Infrastructure and Defense Products (IDP) operating segment. VP, Investor Relations Tips and Tricks Qorvo uses cookies and other technologies to enhance your experience, display customized content, secure our website and help us understand how our website is used. Apopka, FL 32703. Active-Semi will become part of Qorvo’s Infrastructure and Defense Products (IDP) group. Useful Transactions 12. Founded in Silicon Valley with 141 employees worldwide, and headquartered in the Dallas, Texas metroplex, Active-Semi is an emerging leader in the multi-billion-dollar power management and intelligent motor drive IC markets. Power efficiency is increasingly a core requirement in electronic applications in IDP’s existing markets, including 5G base stations, active phased arrays for defense, automotive, and IoT. Buy from an Authorized Channel Partner 2. +1-336-664-1233. Qorvo did not disclose the purchase price; however, it did say the acquisition is expected to be accretive to non-GAAP gross margin and non-GAAP EPS in the first year. According to Qorvo, Active-Semi’s programmable mixed signal power solutions “provide customers with compelling simplicity, efficiency and design flexibility — resulting in smaller footprints, lower bill of material costs and reduced time to market.”. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under U.S. federal securities laws. Customizing Vendor Evaluation 8. . Coming to price performance, shares of Qorvo have gained 4.8% in the past year against the industry’s decline of 7%. Get free design tools and engineering support. All other trademarks are the property of their respective owners. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. About Active-Semi International, Inc. Active-Semi will become part of Qorvo’s infrastructure and defense products group. Creates new opportunities for growth in 5G, industrial, data center, automotive and smart home Qorvo is pursuing a strategy to reduce its dependence on mobile through its IDP business, setting double-digit growth goals for the business through organic and M&A initiatives. Active-Semi’s technologies are positioned to intersect multiple long-term secular trends in 5G, industrial, data center, automotive and smart home by addressing the increased demand for efficient power solutions. Qorvo’s move stepping out of pure RF follows a similar path taken by Skyworks, which acquired Advanced Analogic Technologies in 2011. We also leverage unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Explore the latest additions to our product portfolio. Expected to be accretive to non-GAAP gross margin and non-GAAP EPS in the first year. In fourth-quarter fiscal 2019, MP revenues came in at $443 million. Customizing Tables 10. VP Investor Relations These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. Visit www.qorvo.com to learn how Qorvo connects the world. GREENSBORO, N.C., April 10, 2019 (GLOBE NEWSWIRE) -- Qorvo®, Inc. (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, announced today that it has entered into a definitive agreement to acquire Active-Semi International, Inc. ('Active-Semi'), a private fabless supplier of programmable analog power solutions. The addition is expected to expand Qorvo’s addressable markets by over $3 billion. The purchase price of $ 309.5 million was allocated to Active-Semi's net tangible assets (approximately $ 19.8 million) and intangible assets (approximately $ How Is Vendor Evaluation Used? Important Functions 14. Email: mwj@e-circ.net, We use cookies to provide you with a better experience. Synergies from Decawave, Active-Semi and MEMS technology acquisitions have significantly expanded Qorvo’s capabilities and position it well to … Greensboro, NC, -- April 10, 2019 – Qorvo®, Inc. (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, announced today that it has entered into a definitive agreement to acquire Active-Semi International, Inc. (“Active-Semi”), a private fabless supplier of programmable analog power solutions. Some of those applications overlap the RF presence of Qorvo’s IDP business: base stations, active phased arrays for defense, automotive and the IoT. The Company uses a 52- or 53-week fiscal year ending on the Saturday closest to March 31 of each year. These and other risks and uncertainties, which are described in more detail in Qorvo's most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements. The acquisition of Active-Semi and its technologies is expected to help address increased demand for efficient power solutions in 5G, data center, automotive and smart home functions. The acquisition expanded the Company's product offerings for existing customers and new customers in power management markets. Qorvo’s IoT portfolio was strengthened through the acquisition of GreenPeak Technologies in 2016. Advanced Analogic added battery chargers, DC/DC converters, voltage regulators and LED drivers to Skyworks’ portfolio, expanding content opportunities in the platforms where Skyworks had an RF position, as well as adding new vertical markets. Qorvo Closes Active-Semi Deal, Expects $50M First-Year Revenue. Qorvo to Acquire Active-Semi International , Stocks: QRVO, release date:Apr 10, 2019 ... “With the acquisition of Active-Semi, Qorvo will expand IDP’s product offerings for existing customers and extend our reach into new high-growth power management markets. Scoring levels in Vendor Evaluation and Weighting Keys 4. ADVERTISEMENT. Contact: Our journey for a better, more connected tomorrow. On 10 April, Qorvo announced it was acquiring Active Semi International, a private fabless supplier of programmable analog power solutions. Active-Semi acquisition is projected to be accretive to non-GAAP earnings and non-GAAP gross margin within the first year. Active-Semi will become part of Qorvo’s Infrastructure and Defense Products (IDP) group. Qorvo will provide additional details about the Active-Semi transaction during its fiscal 2019 fourth quarter earnings conference call, scheduled for May 7, 2019. Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. The first fiscal quarter of each year ends on the Saturday closest to June 30, the second fiscal quarter of each year ends on the Saturday closest to September 30 and the third fiscal quarter of each year ends on the Saturday closest to December 31. Active-Semi acquisition is projected to be accretive to non-GAAP earnings and non-GAAP gross margin within the first year. Tel: (781) 769-9750 Show . About Qorvo Post the acquisition, financials of Active-Semi will be reported under Qorvo’s Infrastructure and Defense Products (IDP) operating segment. Qorvo's GaN technology helps keep you connected and protected. Explore more at Arrow.com Join ArrowPerks and save $50 off $300+ order with code PERKS50 The company’s portfolio of analog and mixed signal SoCs provide scalable core platforms used in charging, powering and embedded digital control systems for industrial, commercial and consumer applications. Expands Qorvo’s addressable markets by over $3 billion Organically, IDP has been successful capturing opportunities for GaN in defense and wireless infrastructure, non-GaN products in wireless infrastructure and silicon and GaAs components for IoT and Wi-Fi. Get ready for the future of IoT and mobile communication. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. Data Control Data 9. Norwood, MA 02062 USA Automatic Sub-criteria 6. Customizing Purchasing Org. This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Buy Direct from Qorvo Sales Read the latest RF trends, how-to articles, design tips and more from Qorvo experts. Active-Semi's ActivePMU coding matrix allows fast time-to-market for new designs utilizing the latest features of the latest AP that is most suitable for the platform. Active-Semi International, Inc. is a multi-national Cayman Island corporation backed by leading Venture Capital firms, including USVP, Tenaya Capital, and LDV Partners, with over 170 patents granted and pending. In a press release announcing the proposed acquisition, Qorvo said Active-Semi’s technologies align with the need for efficient power in multiple markets, such as 5G, data center, industrial, automotive and the smart home. Semi-Automatic Evaluation 7. Corporate Social and Environmental Responsibility, A Comprehensive Guide to mmWave Solutions, A Look Inside the U.S. Army's Counterfire Radar System, People Power and Qorvo Deliver Smart Internet of Things Systems, Qorvo and BQ: How Your Smartphone Connects, Smart Home Energy Management with Levarys and Qorvo, Go to Corporate Social and Environmental Responsibility, Creates new opportunities for growth in 5G, industrial, data center, automotive and smart home, Expands Qorvo’s addressable markets by over $3 billion, Expected to be accretive to non-GAAP gross margin and non-GAAP EPS in the first year. Programmable analog power solutions for Complementary, High-Growth Applications Products from active-semi International Inc. 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