Autology: Qualcomm has 'Arrivered' - The potential of the Veoneer takeover
This week, Qualcomm and investment firm SSW Partners acquired ADAS (advanced driver-assistance systems)-focused supplier Veoneer for USD4.5 billion. The move terminated Magna’s prior takeover agreement with the company.
The deal also saw the sale of Veoneer’s Arriver autonomy software business to Qualcomm.
IHS Markit experts discuss how the industry likely received the news, as well as evaluate Qualcomm’s potential now that it will incorporate Arriver’s Computer Vision, Drive Policy and Driver Assistance assets into its Snapdragon Ride ADAS solution.
This significantly includes how Qualcomm will compare to and compete with rivals in this space such as Nvidia. Will it become a market leader? Tune into this week’s Autology episode to find out all.
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