Veoneer signs agreement with Qualcomm and creates new software brand Arriver™
Stockholm, Sweden, January 26, 2021: The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), and Qualcomm Technologies, Inc. have signed an agreement under which the companies will collaborate on the delivery of scalable Advanced Driver Assistance Systems (ADAS), Collaborative and Autonomous Driving (AD) solutions. The parties’ intended collaboration was first communicated on August 27, 2020.The platform will address the growing needs of the automotive ecosystem for scalable and upgradable solutions, which requires highly advanced and power-efficient compute,