Davis Polk is advising Deutsche Bank Securities Inc. as financial adviser to SiGe Semiconductor Inc. in connection with its acquisition by Skyworks Solutions Inc. in a transaction worth up to $275 million. Skyworks will pay $210 million in cash, plus an additional $65 million if certain performance targets are met over the next 12 months. The transaction has been approved by Skyworks’ and SiGe’s boards of directors and is anticipated to close in June 2011, subject to customary closing conditions, including the receipt of domestic and foreign regulatory approvals.

Skyworks is a Woburn, Massachusetts-based innovator of high-reliability analog and mixed-signal semiconductors. SiGe Semiconductor is an Andover, Massachusetts-based leading provider of highly integrated RF semiconductor front-end solutions that enable wireless connectivity across a wide range of applications.

The Davis Polk corporate team includes partner Mischa Travers of the Menlo Park office.