Skyworks Completes Acquisition of the Infrastructure & Automotive Business of Silicon Labs
26 Julho 2021 - 9:05AM
Business Wire
Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of
high-performance analog semiconductors connecting people, places
and things, today announced that it has completed its acquisition
of the Infrastructure & Automotive business of Silicon
Laboratories Inc. (Nasdaq: SLAB) in an all-cash asset transaction
valued at $2.75 billion.
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Skyworks has completed its acquisition of
the Infrastructure & Automotive business of Silicon Labs.
(Graphic: Business Wire)
“On behalf of the entire Skyworks organization, I want to
welcome the Infrastructure & Automotive team,” said Liam K.
Griffin, chairman, chief executive officer and president of
Skyworks. “In addition to a strong legacy of innovation and
execution, the I&A business brings a highly diversified
customer base that will enable our continued expansion into
strategic end markets. Together, we will accelerate profitable
growth in key industry segments, including electric and hybrid
vehicles, industrial and motor control, power supply, 5G wireless
infrastructure, optical data communications and data center.”
About Skyworks
Skyworks Solutions, Inc. is empowering the wireless networking
revolution. Our highly innovative analog semiconductors are
connecting people, places and things spanning a number of new and
previously unimagined applications within the aerospace,
automotive, broadband, cellular infrastructure, connected home,
entertainment and gaming, industrial, medical, military,
smartphone, tablet and wearable markets.
Skyworks is a global company with engineering, marketing,
operations, sales and support facilities located throughout Asia,
Europe and North America and is a member of the S&P 500® and
Nasdaq-100® market indices (Nasdaq: SWKS). For more information,
please visit Skyworks’ website at: www.skyworksinc.com.
Safe Harbor Statement
Any forward-looking statements contained in this press release
are intended to qualify for the safe harbor from liability
established by the Private Securities Litigation Reform Act of
1995. These forward-looking statements include, without limitation,
information regarding the expected operational benefits, business
prospects and financial impacts related to Skyworks’ acquisition of
the Infrastructure & Automotive business from Silicon Labs.
Forward-looking statements can often be identified by words such as
“anticipates,” “expects,” “forecasts,” “intends,” “believes,”
“plans,” “may,” “will” or “continue,” and similar expressions and
variations or negatives of these words. Actual events and/or
results may differ materially and adversely from such
forward-looking statements as a result of certain risks and
uncertainties including, but not limited to, the outcome of any
legal proceedings that could be instituted against Skyworks or its
board of directors related to the transaction; the ability of
Skyworks to successfully integrate the assets acquired and
employees transferred pursuant to the transaction; the risk that
Skyworks may not realize the anticipated benefits from the
transaction; the availability and pricing of third-party
semiconductor foundry, assembly and test capacity, raw materials
and supplier components; the cyclical nature of the semiconductor
industry; risks that the transaction disrupts current plans and
operations and the potential difficulties in employee retention as
a result of the transaction; Skyworks’ ability to obtain design
wins from customers; technological and product development risks;
enforcement and protection of intellectual property rights and
related risks; risks related to the security of our information
systems and secured networks; changes in laws, regulations and/or
policies that could adversely affect our operations and financial
results, the economy, customer demand for products, the financial
markets or the effects of exchange rate fluctuations; risks of
changes in U.S. or international tax rates or legislation; the
effects of the global COVID-19 pandemic; the effects of local and
national economic, credit and capital market conditions on the
economy in general; and other risks and uncertainties described
herein, as well as those risks and uncertainties identified in the
“Risk Factors” section of Skyworks’ most recent Annual Report on
Form 10-K (and/or Quarterly Report on Form 10-Q) as filed with the
Securities and Exchange Commission (“SEC”). Copies of Skyworks’ SEC
filings can be obtained, free of charge, on Skyworks’ website
(www.skyworksinc.com) or at the SEC’s website (www.sec.gov). Any
forward-looking statements contained in this press release are made
only as of the date hereof, and we undertake no obligation to
update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise.
Note to Editors: Skyworks and the Skyworks symbol are trademarks
or registered trademarks of Skyworks Solutions, Inc., or its
subsidiaries in the United States and other countries. Third-party
brands and names are for identification purposes only and are the
property of their respective owners.
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Media Relations: Constance Griffiths (949) 231-4207
Investor Relations: Mitch Haws (949) 231-3223
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