13 June 2011

Skyworks closes acquisition of SiGe Semiconductor

Skyworks Solutions Inc of Woburn, MA, USA, which manufactures high-reliability analog and mixed-signal semiconductors, has closed its acquisition of SiGe Semiconductor Inc of Andover, MA, USA, a fabless supplier of highly integrated RF front-end solutions enabling wireless connectivity.

Per the terms of the definitive agreement of 17 May, Skyworks paid cash for the acquisition, which was approved by Skyworks’ board and SiGe’s board of directors and stockholders. Excluding any related non-recurring charges and amortization of acquired intangibles, the acquisition is expected to be immediately accretive to non-GAAP earnings.

See related items:

Skyworks to buy SiGe Semiconductor for $210m

Tags: Skyworks SiGe Semiconductor

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