Qualcomm and Investment Firm SSW Agree to Buy Auto-Parts Supplier Veoneer for $4.5 Billion - NewsBreak
By Ulises in Business
Updated 3 years ago
Qualcomm said on Monday that it will purchase part of Veoneer, in a combined deal worth $4.5 billion. Qualcomm will buy Veoneer's self-driving subsidiary Arriver and integrate it with its Snapdragon Ride chip platform for cars. SSW Partners, which is teaming up with Qualcomm on the deal, will sell the...