QORVO сompletes acquisition of DECAWAVE

GREENSBORO, NC – February 24, 2020 – Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has completed its acquisition of Decawave, a pioneer in ultra-wideband (UWB) technology and provider of UWB solutions for mobile, automotive and IoT applications. The Decawave team has become the Ultra-Wideband Business Unit (UWBU) within Qorvo Mobile Products.

Eric Creviston, president of Qorvo Mobile Products said, "We are excited about the growth potential offered by UWB and the opportunity to build upon the pioneering work of the Decawave team. We see tremendous opportunities for Decawave's technology as UWB expands into new markets in mobile, automotive and industrial and consumer IoT. We look forward to collaborating with customers to develop UWB solutions that greatly increase the accuracy and security of a host of new location and communication services."

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. Decawave's Impulse Radio UWB technology allows for position accuracy of a few centimeters, and with extremely low latency. Decawave CEO Ciaran Connell will lead Qorvo’s UWBU team as its general manager.

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.

"Forward-Looking" Statements are omitted