Ropes & Gray Advises Qorvo, Inc. in its Acquisition of Decawave Limited
Ropes & Gray advised Qorvo, Inc. (NASD: QRVO), a leading RF (radio frequency) semiconductor company, in its acquisition of Decawave Limited, a pioneer in ultra-wideband technology and a provider of UWB solutions for mobile, automotive and IoT applications. The transaction closed on February 24. Financial terms were not disclosed. The press release is here.
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. The Decawave team has become the Ultra-Wideband Business Unit within Qorvo Mobile Products. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications.
The Ropes & Gray team that advised Qorvo was led by mergers & acquisitions partner Paul Scrivano (Silicon Valley and New York), and included private equity partner Eric Issadore (San Francisco), benefits partner William Jewett, labor & employment partner Douglas Brayley (both of Boston), tax partner Leo Arnaboldi III (New York) as well as mergers & acquisitions partners Regina Sam Penti (Boston) and Megan Baca (Silicon Valley).