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Qualcomm Completes Acquisition Of Arriver Business From Ssw Partners

Apr 04, 2022over 3 years ago

Acquiring Company

Qualcomm

Acquired Company

Arriver Business

San DiegoMobile

Description

Qualcomm Incorporated (NASDAQ: QCOM) today announced it has completed its acquisition of ArriverTM from SSW Partners, enhancing Qualcomm Technologies ability to deliver open, fully integrated, and competitive Advanced Driver Assistance System (ADAS) solutions to automakers and Tier-1 suppliers at scale.

Company Information

Company

Qualcomm

Location

San Diego, California, United States

About

Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When we connected the phone to the internet, the mobile revolution was born. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research, and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon, Snapdragon Digital Chassis, and Snapdragon Ride are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Snapdragon, Snapdragon Ride, and Digital Chassis are trademarks or registered trademarks of Qualcomm Incorporated.

FundzWatch™ Score

87
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed