Skyworks Solutions (NASDAQ:SWKS), which supplies radio frequency chips to Apple (AAPL) and other smartphone makers, has agreed to buy Qorvo (NASDAQ:QRVO) in a cash-and-stock transaction that values the combined enterprise at around $22 billion. The boards of both companies have ...

Shares of Apple supplier Qorvo (NASDAQ:QRVO) surged 11% in pre-market trade on Tuesday, after a report said rival Skyworks Solutions (NASDAQ:SWKS) held talks in recent months to buy the company. Qorvo’s $8 Billion Market CapSkyworks, which supplies radio frequency chips to Apple (NASDAQ:AAPL) and other smartphone makers, has a market cap of about $11 billion, while Qorvo’s market cap stands at over $8 billion, as per Benzinga Pro data. The deal was first reported by The Information and picked up by other me ...