Qualcomm Inc. said it has teamed with investment firm SSW Partners on a $4.5 billion deal to buy Veoneer Inc., snatching the Swedish automotive-technology company from Canada’s Magna International Inc.
San Diego chip maker Qualcomm on Monday said SSW will acquire Veoneer for $37 a share and then sell Veoneer’s Arriver sensor perception and drive policy software platform to Qualcomm.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Technology News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! TechiLive.in is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
