Did Qorvo pay more than $400 million for Dublin's UWB expertise?: Page 2 of 2

February 25, 2020 //By Peter Clarke
Did Qorvo pay more than $400 million for Dublin's UWB expertise?
RF chip supplier Qorvo Inc. has acquired DecaWave Ltd., a Dublin-headquartered supplier of ultawide band (UWB) location chips, in a deal estimated to be worth $400 million or more.

In a statement CEO Ciaran Connell said: "Joining forces with Qorvo’s leading expertise in RF technology, their experience in serving very high-volume markets like Mobile but also the thousands of customers in Industrial and Enterprise, is, for Decawave, a perfect combination to scale and further accelerate the adoption of IR-UWB."

The DecaWave team has become the Ultra-Wideband Business Unit (UWBU) within Qorvo Mobile Products and is being led by Connell.

Qorvo has been on the acquisition trail in 2019. On October 4, Qorvo acquired the remainder of RF MEMS company Cavendish Kinetics for $196.8 million net of cash required. This equated to a total purchase price of $305.9 million. In On May 6 Qorvo completed the acquisition of Active-Semi International Inc., a private fabless supplier of programmable analog power solutions for a purchase price of $307.9 million

Related links and articles:

www.qorvo.com

www.decawave.com

News articles:

Renesas turns to Swiss startup for ultrawideband

CMOS chip enables real time location with a precision of +/-10cm

Qorvo takes strategic stake in MEMS vendor Cavendish

NXP, Samsung, Bosch form UWB consortium


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