M&A Deal Summary

onsemi Acquires Qorvo - Silicon Carbide JFET Technology

On December 9, 2024, onsemi acquired semiconductors company Qorvo - Silicon Carbide JFET Technology from Qorvo for 115M USD

Acquisition Highlights
  • This is onsemi’s 13th transaction in the Semiconductors sector.
  • This is onsemi’s 10th largest (disclosed) transaction.
  • This is onsemi’s 14th transaction in the United States.
  • This is onsemi’s 2nd transaction in North Carolina.

M&A Deal Summary

Date 2024-12-09
Target Qorvo - Silicon Carbide JFET Technology
Sector Semiconductors
Buyer(s) onsemi
Sellers(s) Qorvo
Deal Type Divestiture
Deal Value 115M USD

Target

Qorvo - Silicon Carbide JFET Technology

Greensboro, North Carolina, United States
Qorvo's Silicon Carbide JFET Technology provides lowest on-resistance per chip area, using less than half of any other technology.

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Buyer(S) 1

Buyer

onsemi

Phoenix, Arizona, United States

Category Company
Founded 1992
Sector Semiconductors
Employees26,400
Revenue 7.1B USD (2024)
DESCRIPTION
ON Semiconductor's corporate headquarters in Phoenix, Arizona.
ON Semiconductor's corporate headquarters in Phoenix, Arizona.

onsemi is a designer, developer, manufacturer, and marketer of semiconductor components that address the design needs of electronic systems and products. onsemi supplies power and data management semiconductors and standard semiconductor components worldwide. onsemi was founded in 1992 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 16 of 17
Sector: Semiconductors M&A 13 of 14
Type: Divestiture M&A Deals 4 of 5
State: North Carolina M&A 2 of 2
Country: United States M&A 14 of 15
Year: 2024 M&A 2 of 2
Size (of disclosed) 10 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-02 SWIR Vision Systems

Durham, North Carolina, United States

SWIR Vision Systems is a provider of CQD (colloidal quantum-dot-based) short wavelength infrared (SWIR) technology – a technology that extends the detectable light spectrum to see through objects and capture images that were not previously possible. SWIR Vision Systems is based in Durham, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-23 Aura Semiconductor s Vcore Power Technology

Milpitas, California, United States

Aura Semiconductor's Vcore Power Technology, including associated intellectual property (IP) licenses, is based in Milpitas, California.

Buy -

Seller(S) 1

SELLER

Qorvo

Greensboro, North Carolina, United States

Category Company
Founded 2015
Sector Semiconductors
Revenue 3.7B USD (2025)
DESCRIPTION
Entrance to Qorvo's corporate campus in Greensboro, North Carolina.
Entrance to Qorvo's corporate campus in Greensboro, North Carolina.

Qorvo designs and manufactures semiconductor products that connect and power wireless and wired devices. The Company supplies radio frequency solutions, power management components, and connectivity systems for applications in mobile, infrastructure, defense, and IoT markets. Qorvo was formed in 2015 and is headquartered in Greensboro, North Carolina.


DEAL STATS #
Overall 2 of 2
Sector: Semiconductors M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: North Carolina M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-31 Anokiwave

Billerica, Massachusetts, United States

Anokiwave is a provider of high-performance silicon integrated circuits (ICs) for intelligent active array antennas for D&A, SATCOM, and 5G applications. Anokiwave was founded in 1999 and is based in Billerica, Massachusetts.

Buy -