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Qualcomm and SSW Partners Complete $4.5 Billion Acquisition of Veoneer
- Client News
- April 1, 2022
Paul, Weiss advised Qualcomm Inc., the world’s leading wireless technology innovator, in its all-cash $4.5 billion acquisition, alongside SSW Partners, of Stockholm-based global automotive technology leader Veoneer, Inc. The deal closed on April 1.
On April 4, Qualcomm acquired Veoneer’s Arriver business—a software brand focused on sensor perception and drive policy—from SSW Partners. SSW retained Veoneer’s Tier-1 supplier businesses.
The Paul, Weiss team was led by corporate partners Scott Barshay, Kyle Seifried and Krishna Veeraraghavan, and included corporate partners Caith Kushner and John Kennedy, and counsel David Curtiss and Jason Tyler; intellectual property partner Jonathan Ashtor, and counsel Marisa Geiger and Elana Bensoul; tax partners Brian Krause and Jeffrey Samuels; executive compensation partner Lawrence Witdorchic; real estate partner Salvatore Gogliormella; litigation partners Jaren Janghorbani and Audra Soloway, and counsel Jacobus Schutte, Peter Jaffe and Steven Herzog; and environmental counsel William O’Brien.