IT House April 10 news, Qualcomm recently announced that it has completed the acquisition from SSW Partners Arriver (Angel)The transaction enhances Qualcomm Technologies’ ability to deliver competitive, open, fully integrated advanced driver assistance system (ADAS) solutions at scale to automakers and Tier 1 suppliers.
“Qualcomm Technologies has become a key technology partner to the automotive industry, and Arriver’sdriving assistance assetswill enable the company to accelerate the delivery of leading ADAS solutions and become Snapdragon ® An essential part of the Digital Chassis platform. We remain committed to providing advanced solutions for vehicles at all levels, and with Arriver’s driver assistance assets integrated into the Snapdragon Ride platform, we will better enable the future of autonomous driving. We are delighted to welcome the wonderful Arriver team. “
After the acquisition, based on the previous cooperation with Arriver, Qualcomm Technologies will bring Arriver’sComputer Vision, Driving Policy and Driving Assistance Assetsinto its leading Snapdragon Ride
platform portfolio. The Snapdragon Ride platform is a complete portfolio of high-performance central computing and vision system solutions featuring the Snapdragon SoC and accelerator portfolio to meet the automotive ecosystem’s growing demand for scalable and upgradable integrated software SoCs in functional safety. need. In addition to being scalable to support a wide range of vehicle types, the modular nature of the Snapdragon Ride platform provides automakers with the flexibility to take full advantage of the software they develop.
IT House understands that Qualcomm will hold an upcoming conference in April 2022earnings callMore detailed financial information about the acquisition is available on .
Venier and Qualcomm Technologies will also expand their strategic cooperation. The two parties have signed a new agreement to ensure continued customer service and support, detailing synergies on future roadmaps and technical cooperation in ADAS development. Venier and Qualcomm Technologies will collaborate further on product market events, including a roadshow for Qualcomm/Arriver- Venier’s advanced ADAS solutions for L2+ and beyond.
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