Qualcomm acquires Veoneer for $4.5 billion, canceling its agreement with Magna
https://techcrunch.com/2021/10/04/qualcomm-acquires-veoneer-for-4-5-billion-canceling-its-agreement-with-magna/
Qualcomm scored the purchase of Swedish automotive tech company Veoneer, nudging out Magna International with a higher bid.
Qualcomm and investment group SSW Partners said Monday they would acquire Veoneer for $37 per share in an all-cash transaction. At closing, SSW said it would sell Veoneer’s Arriver tech – an advanced driver assistance system stack that includes sensors and software – to Qualcomm and retain the Swedish company’s other Tier 1 supplier businesses.
Qualcomm acquires Veoneer for $4.5 billion, canceling its agreement with Magna
Oct 4, 2021, 4:36pm UTC
https://techcrunch.com/2021/10/04/qualcomm-acquires-veoneer-for-4-5-billion-canceling-its-agreement-with-magna/
> Qualcomm scored the purchase of Swedish automotive tech company Veoneer, nudging out Magna International with a higher bid.
> Qualcomm and investment group SSW Partners said Monday they would acquire Veoneer for $37 per share in an all-cash transaction. At closing, SSW said it would sell Veoneer’s Arriver tech – an advanced driver assistance system stack that includes sensors and software – to Qualcomm and retain the Swedish company’s other Tier 1 supplier businesses.