Starboard supports Skyworks’ two-step merger to acquire Qorvo, Inc (QRVO)

Key Summary: On April 14, 2025, Starboard nominated Peter A. Feld to the Board. On May 19, 2025, the company announced plans to nominate Starboard’s Peter A. Feld to its Board following constructive engagement. In turn, Starboard withdrew its prior nomination of Feld. On October 27, 2025, Starboard agreed to support Skyworks Solutions’ planned two-step merger to acquire the company, committing to vote its shares in favor of the deal.

Market Cap: $5.5 billion | Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets worldwide.

On April 14, 2025, Starboard (8.9%) delivered a letter to the company nominating Peter A. Feld, Managing Member, Portfolio Manager and Head of Research of Starboard, for election to the Board at the 2025 AGM. Source

On May 19, 2025, the company announced its intention to nominate Peter A. Feld, Managing Member, Portfolio Manager and Head of Research of Starboard Value LP, for election to the  Board at the 2025 Annual Meeting of Stockholders, following constructive engagement between the company and Starboard. In connection with this announcement, on May 19, 2025, Starboard delivered a notice to the company withdrawing its nomination of Mr. Feld for election to the Board at the Annual Meeting. Source

On October 27, 2025, Starboard entered into a Voting and Support Agreement with Skyworks Solutions in connection with Skyworks’ planned two-step merger to acquire the company and make it a wholly owned subsidiary. Under the agreement Starboard committed to vote its shares in favor of the merger.

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