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,…
Magna International Inc. and Veoneer, Inc. have announced that they have entered into a definitive merger agreement under which Magna will acquire Veoneer, a provider of automotive safety technology. Pursuant to the agreement, Magna will acquire all of the issued and outstanding shares of Veoneer for $ 31.25 per share in cash, representing a total…
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…