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October 17, 2018

Woburn's Skyworks to buy Oregon circuit-maker for up to $425M

Woburn-based Skyworks Solutions Inc., which has quietly become one of the most valuable technology companies in Massachusetts, will pay up to $425 million to buy Oregon-based Avnera Corp.

In announcing the deal on Monday, Skyworks (Nasdaq: SWKS) said Avnera’s ability to create electronic circuits that process audio signals will help Skyworks manufacture computing chips perfectly suited for voice-activated devices like Amazon Alexa or Google Home. Skyworks is already a major supplier for Apple Inc.,…

Source: Boston Biz

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