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Acquisition

Qualcomm and SSW Partners reach definitive agreement to acquire Veoneer

Qualcomm Incorporated and SSW Partners, a New York-based investment partnership, announced they have reached a definitive agreement to acquire an automotive tech company Veoneer, Inc. for $4.5 billion. Veoneer has terminated its prior acquisition agreement with Magna International Inc. (Magna) and canceled its October 19, 2021, special meeting that was previously scheduled to approve that agreement, […]

Categories
Executive Movements

Nishant Batra resigns as CTO of Veoneer

Veoneer, Inc., an automotive technology company that produces sensors, control units, software and systems for Advanced Driving Assistance Systems, has announced that the Company’s Chief Technology Officer, Nishant Batra, has decided to leave the Company to pursue a new career opportunity. Prior to this role, Batra served Ericsson, where he was the head of Product […]