Qualcomm Completes Purchase of Veoneer’s ADAS Unit
Qualcomm wrapped up its acquisition of Veoneer’s advanced driver assistance/self-driving vehicle software arm on April 4, highlighting the San Diego company’s bid to become a key technology supplier to automakers as it diversifies beyond smartphones.
April 4, 2022Qualcomm Said to Place Binding Bid for Veoneer
Qualcomm Inc. has made a formal bid to buy automotive technology company Veoneer Inc. for more than $4 billion, beating a previous offer from Magna International Inc., according to people familiar with the matter.
September 13, 2021Qualcomm Offers $4.6 Billion for Veoneer, Topping Magna Bid
Qualcomm Inc. offered to buy automotive technology company Veoneer Inc. for $4.6 billion, muscling in on a bid Magna International Inc. made for the supplier last month.
August 5, 2021Qualcomm Moves Toward Self-Driving Vehicle Tech
SAN DIEGO — After years of supplying Bluetooth and cellular connectivity to automakers, Qualcomm is pivoting toward safety with its new Snapdragon Ride platform, which aims to bring advanced driver assistance features such as automated parking, lane monitoring and highway autopilot to vehicles as soon as 2023.
January 9, 2020Qualcomm Confirms Broadcom’s $100 Billion Buyout Offer
Qualcomm confirmed Nov. 6 that it received a buyout offer from Broadcom of $70 a share in cash and stock.
November 6, 2017LG, Qualcomm Join Hands for Autonomous Driving
LG Electronics said it will work with Qualcomm to jointly research and develop autonomous driving technologies
November 2, 2017Qualcomm’s Truck Unit Posts Quarterly Loss
Wireless technology firm Qualcomm Inc.’s profit in its fiscal third quarter jumped 31% from a year earlier, but the business segment that includes its trucking technology offerings posted a loss for the quarter.
July 29, 2013Qualcomm to Rename Truck Technology Unit
Qualcomm Inc. will change the name of its Qualcomm Enterprise Services division in the spring in conjunction with a corporate reorganization of the business.
March 4, 2013Qualcomm’s Trucking Unit Posts Loss
Qualcomm Inc., San Diego, said the unit that includes its in-cab wireless communications devices lost $3 million before taxes in its fiscal first quarter ended Dec. 30.
February 4, 2013Qualcomm Updates Trailer-Tracking Product
Qualcomm Inc. has released a new edition of Trailer Tracks 210, which now includes a solar charging system designed to preserve uptime and battery life, the company announced Sept. 5.
September 10, 2012