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Skyworks closes on $425M acquisition of Avnera

Aug. 17, 2018 6:37 PM ETSkyworks Solutions, Inc. (SWKS) StockBy: Jason Aycock, SA News Editor9 Comments
  • Skyworks Solutions (NASDAQ:SWKS) has quickly closed on its acquisition of Avnera.
  • The two reached a $425M deal two weeks ago, allowing for $405M in cash and an earn-out of up to $20M more.
  • Avnera makes Analog System on Chips; Skyworks expects the deal to be immediately accretive to diluted EPS.

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