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qorvo decawave acquisition 0

window.mc4wp = window.mc4wp || { GREENSBORO, N.C., Jan. 29, 2020 (GLOBE NEWSWIRE) -- Qorvo ® (), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company’s fiscal 2020 third quarter, ended December 28, 2019.On a GAAP basis, revenue for Qorvo’s fiscal 2020 third quarter was $869 million, gross margin was 42.4%, operating income was $153 million and … releases, and other news, COPYRIGHT 2020 DECAWAVE | ALL RIGHTS RESERVED, We use Cookies | By using this website, you consent to our. } Jan 30, 2020 . Decawave CEO Ciaran Connell will lead Qorvo’s UWBU team as its general manager. Further, the acquisition of Decawave and integration of its radio technology has significantly expanded Qorvo’s capabilities and well positioned it to benefit from growing demand for proximity awareness, secure payments as well as secure access for smartphones, automotive and IoT. The acquisition … Investor Relations Contact: Combination of Decawave unique technology and Qorvo’s expertise in high-volume radio frequency (RF) products to drive growth of UWB across markets. })(); Be the first to hear about new products, Resources. Director, Corporate Communications Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. +1-336-678-7968, Media Contact: } GREENSBORO, N.C., Feb. 24, 2020 (GLOBE NEWSWIRE) -- Qorvo ® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it … Products. Resources. event : evt, GREENSBORO, N.C., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Qorvo ® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, has acquired Paris-based 7Hugs Labs S.A.S., a leading software provider for ultra-wideband (UWB) applications. Chipmaker Qurvo is acquiring Decawave, maker of innovative UWB chips for highly accurate indoor localization. Qorvo Completes Acquisition of Decawave Qorvo announced that it has completed its acquisition of Decawave. Adelaide Chambers, Peter Street, Dublin, D08 T6YA, Ireland. News: Microelectronics 25 February 2020. Qorvo®, a leading provider of innovative RF solutions that connect the world, today announced that it has completed its ac... Qorvo® Completes Acquisition of Decawave Research: Stocks: News Story window.mc4wp.listeners.push( Eric Creviston, president of Qorvo Mobile Products said, “We are excited about the growth potential offered by UWB and the opportunity to build upon the pioneering work of the Decawave team. See All Buying Options. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. We see tremendous opportunities for Decawave's technology as UWB expands into new markets in mobile, automotive and industrial and consumer IoT. Qorvo Completes Acquisition of Decawave. Dublin, Ireland-based-Decawave was founded in 2007 and has deployed more than 8 million chipsets in more than 40 different market verticals – from smartphones to drones. Request a Sample Terms of the deal were not released. Decawave, the Irish chipmaker that is seen increasingly as a … We look forward to collaborating with customers to develop UWB solutions that greatly increase the accuracy and security of a host of new location and communication services.”. Decawave develops semiconductor solutions, software, modules and reference designs that enable real-time, ultra-accurate, ultra reliable local area micro-location  services. Skip to main navigation Qorvo Investor Portal ... Read more about Qorvo® Completes Acquisition of Decawave; Qorvo® Completes Acquisition of Custom MMIC. The Decawave team has become the Ultra-Wideband Business Unit (UWBU) within Qorvo … Decawave, a fabless semiconductor company that develops UWB technologies, chips and modules, has been acquired for a reported $400m by Qorvo, a developer of radio frequency (RF) ICs. Learn about our cutting-edge foundry technologies! You should be aware that the forward-looking statements included herein represent management’s current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. Our journey for a better, more connected tomorrow. listeners: [], GREENSBORO, N.C., Feb. 24, 2020 (GLOBE NEWSWIRE) -- Qorvo ® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has completed its acquisition of Decawave, a pioneer in ultra-wideband (UWB) technology and provider of UWB solutions for mobile, automotive and IoT applications. Qorvo uses cookies and other technologies to enhance your experience, display customized content, secure our website and help us understand how our website is used. This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We look forward to collaborating with customers to develop UWB solutions that greatly increase the accuracy and security of a host of new location and communication services.". Acquisition search results. About Qorvo IDP revenues declined 2.5% year over year to $232 million. Advanced. Corporate Social and Environmental Responsibility, A Comprehensive Guide to mmWave Solutions, A Look Inside the U.S. Army's Counterfire Radar System, People Power and Qorvo Deliver Smart Internet of Things Systems, Qorvo and BQ: How Your Smartphone Connects, Smart Home Energy Management with Levarys and Qorvo, Go to Corporate Social and Environmental Responsibility. The Decawave team has become the Ultra-Wideband Business Unit (UWBU) within Qorvo … Read the latest RF trends, how-to articles, design tips and more from Qorvo experts. ); Qorvo acquires Decawave, a pioneer in ultra-wideband (UWB) technology and provider of UWB solutions for mobile, automotive and IoT applications. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under U.S. federal securities laws. GREENSBORO, NC – February 24, 2020 – Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has completed its acquisition of Decawave, a pioneer in ultra-wideband (UWB) technology and provider of UWB solutions for mobile, automotive and IoT applications. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. Request a Quote Qorvo . Signed, following the quarter, definitive agreements to acquire Decawave, a pioneer in ultra-wideband (UWB) technology and provider of UWB solutions for mobile, automotive and IoT applications; and Custom MMIC, a leading supplier of high-performance GaAs … Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. Dublin, Ireland-based-Decawave was founded in 2007 and has deployed more than 8 million chipsets in more than 40 different market verticals – from smartphones to drones. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo (Nasdaq: QRVO) makes a better world possible by providing innovative Radio Frequency (RF) solutions at the center of connectivity. Decawave, a fabless semiconductor company that develops UWB technologies, chips and modules, has been acquired for a reported $400m by Qorvo, a developer of radio frequency (RF) ICs. Our business is subject to numerous risks and uncertainties, including those relating to fluctuations in our operating results; our substantial dependence on developing new products and achieving design wins; our dependence on a few large customers for a substantial portion of our revenue; a loss of revenue if contracts with the United States government or defense and aerospace contractors are canceled or delayed or if defense spending is reduced; our dependence on third parties; risks related to sales through distributors; risks associated with the operation of our manufacturing facilities; business disruptions; poor manufacturing yields; increased inventory risks and costs due to timing of customer forecasts; our inability to effectively manage or maintain evolving relationships with platform providers; risks from international sales and operations; economic regulation in China; changes in government trade policies, including imposition of tariffs and export restrictions; our ability to implement innovative technologies; underutilization of manufacturing facilities as a result of industry overcapacity; we may not be able to borrow funds under our credit facility or secure future financing; we may not be able to generate sufficient cash to service all of our debt; restrictions imposed by the agreements governing our debt; volatility in the price of our common stock; damage to our reputation or brand; fluctuations in the amount and frequency of our stock repurchases; our recent acquisitions and other strategic investments could fail to achieve financial or strategic objectives; our ability to attract, retain and motivate key employees; our reliance on our intellectual property portfolio; claims of infringement of third-party intellectual property rights; security breaches and other similar disruptions compromising our information; theft, loss or misuse of personal data by or about our employees, customers or third parties; warranty claims, product recalls and product liability; and risks associated with environmental, health and safety regulations and climate change. 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