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0.00087447867617398 -0.00121081662854822 -0.00309430916184569 0.000941746266648828 -0.0136553208664066 -0.0231400511233687 -0.0220637696757702 -0.0168168976187273
Stock impact report

Qualcomm Offers to Acquire Veoneer for $37 per Share in Cash

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: PR Newswire
SAN DIEGO, Aug. 5, 2021 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced it has submitted an offer to acquire Veoneer for $37 per share, in an all-cash transaction. Our offer has been approved by Qualcomm's Board of Directors, does not require Qualcomm stockholder approval, and has no financing conditions.  This proposed acquisition is consistent with Qualcomm's growth and diversification strategy. It reinforces the company's commitment to bring advanced technologies to the automotive industry and represents a natural extension of Qualcomm's digital chassis solutions. The company continues to see traction in automotive, with a revenue-design win pipeline of approximately $10 billion."As the automotive industry continues to transform, it is becoming increasingly important for automakers to have a partner who develops horizontal platforms that drive innovation and enable competition. The proposed acquisition will bring together our industry-leading automotive solutio Show less Read more
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