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New Deal


Announced

Completed

Qualcomm completed its acquisition of Arriver from SSW Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Completed

software company

Friendly

Majority

United States

Acquisition

Domestic

Private Equity

Single Bidder

Software

Synopsis

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Qualcomm, an American multinational semiconductor and telecommunications equipment company, completed its acquisition of Arriver, a software company, from SSW Partners, an investment firm. Financial terms were not disclosed. "As we become a key technology partner to the automotive industry, Arriver's Driver Assistance assets will accelerate our efforts to deliver a leading, ADAS solution as part of our Snapdragon Digital Chassis platform. We remain committed to offering advanced solutions for all vehicle tiers and levels and with Arriver's Driver Assistance assets now part of the Snapdragon Ride™ Platform, we are better positioned to power the future of autonomous driving. We are thrilled to welcome the talented team from Arriver," Nakul Duggal, Qualcomm Senior Vice President and GM, Automotive.

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