Qualcomm and SSW Partners Complete $4.5 Billion Acquisition of Veoneer

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, among others, corporate partner 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.