Qorvo to acquire programmable analog/mixed-signal power IC firm Active-Semi

Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has agreed to acquire Active-Semi International Inc of Dallas, TX, USA, a private fabless supplier of programmable analog/mixed-signal power management and intelligent motor drive ICs.

Qorvo says that Active-Semi’s technologies are positioned to intersect multiple long-term secular growth opportunities in 5G, industrial, data-center, automotive and smart home applications by addressing the increased demand for efficient power solutions. The firm will become part of Qorvo’s Infrastructure and Defense Products (IDP) group.

“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,” says Qorvo’s president & CEO Bob Bruggeworth. “We see significant opportunities to accelerate adoption of Active-Semi’s innovative analog/mixed-signal solutions across multiple markets by leveraging Qorvo’s global scale, sales channel and customer relationships.”

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 Internet of Things (IoT). Active-Semi’s programmable mixed-signal power solutions provide simplicity, efficiency and design flexibility – resulting in smaller footprints, lower bill of material costs and reduced time to market, says Qorvo.

“The combination of Active-Semi’s programmable analog power solutions with Qorvo’s leading product and technology portfolio opens up vast opportunities to accelerate revenue, develop more highly integrated system solutions and target new high-growth markets, like 5G infrastructure,” comments Active-Semi’s CEO Larry Blackledge.

Qorvo expects the acquisition to be accretive to non-GAAP gross margin and non-GAAP EPS in the first year. The acquisition is subject to regulatory approval and customary closing conditions and is expected to close in Qorvo’s fiscal first-quarter 2019 (ending 29 June).

Tags: Qorvo

Visit: www.active-semi.com

Visit: www.qorvo.com