Qorvo has purchased a portfolio company, radio frequency technology developer Cavendish, in a deal that will also allow Qualcomm Ventures to exit.
Mobile semiconductor technology producer Qualcomm has exited radio frequency (RF) technology provider Cavendish Kinetics in an acquisition of undisclosed size by RF equipment producer Qorvo.
Spun off from Cambridge University, Cavendish produces micro-electromechanical systems technology used to enhance antenna tuning in smartphones, improving reception and mobile data rates.
The deal follows at least $68.5m in funding for Cavendish, which raised $36m in a 2015 round that included $25m from Qorvo subsidiary Triquent Semiconductor.
Tallwood Venture Capital and Wellington Partners…
