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Qorvo Acquires Cavendish Kinetics, Inc.
GREENSBORO, NC – October 7, 2019 – Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has acquired Cavendish Kinetics, Inc., the world's leading provider of high-performance RF MEMS technology for antenna tuning applications. The Cavendish Kinetics (CK) team will continue to advance RF MEMS technology for applications across Qorvo's product lines and transition the technology into high-volume manufacturing for mobile devices and other markets.
Eric Creviston, president of Qorvo Mobile Products said, "The addition of Cavendish Kinetics allows us to build on Qorvo's market leadership in antenna tuning. Several of the world's leading smartphone suppliers have validated significant improvements in antenna performance through lower losses and higher linearity delivered by CK's RF MEMS technology. Qorvo will build on the great work CK has done by optimizing and scaling the technology and applying it to other applications like infrastructure and defense."
RF MEMS devices are used to tune both main and diversity smartphone antennas across low, mid and high bands, resulting in stronger signals and faster data rates. RF MEMS maximize performance through outstanding Q-factor, improved linearity and extremely low insertion losses, offering great potential for improving 4G and 5G system performance.
Qorvo has been a lead strategic investor in San Jose-based Cavendish Kinetics since 2015. Qorvo will provide additional details about the Cavendish Kinetics transaction during its fiscal 2020 second quarter earnings conference call.
About Qorvo
Qorvo (Nasdaq: QRVO) makes a better world possible by providing innovative Radio Frequency (RF) solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. We also leverage unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Visit www.qorvo.com to learn how Qorvo connects the world.
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