Qorvo Buys Cavendish Kinetics

QorvoQorvo (Nasdaq:QRVO), a Greensboro, N.C.-based provider of innovative RF solutions that connect the world, acquired Cavendish Kinetics, Inc., a San Jose-based provider of high-performance RF MEMS technology for antenna tuning applications.

The amount of the deal was not disclosed.
Qorvo has been a lead strategic investor in Cavendish Kinetics since 2015. Now, the Cavendish Kinetics (CK) team will continue to advance RF MEMS technology for applications across Qorvo’s product lines and transition the technology into high-volume manufacturing for mobile devices and other markets.

Qorvo (Nasdaq: QRVO) provides innovative Radio Frequency (RF) solutions to diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks, and defense radar and communications. It also leverages 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.

FinSMEs

11/10/2019

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