From TokenPost · · 30s
Starboard Views Skyworks as Undervalued
Starboard sees Skyworks as undervalued after Qorvo merger.
In brief
Starboard sees Skyworks as undervalued after Qorvo merger. Starboard Value believes Skyworks Solutions is undervalued following its Qorvo combination due to complementary product portfolios. Originally reported by TokenPost.
Starboard Value
Starboard Value views Skyworks Solutions as undervalued following its combination with Qorvo.
Combination Details
Skyworks completed the combination on Oct. 5 with 63% ownership from Skyworks investors and 37% from Qorvo investors.
Cost Synergies Target
Skyworks targets at least $500 million in annual cost synergies within 24 to 36 months after closing.
The big picture
Starboard Value believes Skyworks Solutions is undervalued following its Qorvo combination due to complementary product portfolios.
