VNE - Is Qualcomm Building a New Operating System for Cars?
Qualcomm (NASDAQ: QCOM) outbid auto supplier Magna (NYSE: MGA) to acquire small outfit Veoneer (NYSE: VNE) , but Qualcomm intends to leave the hardware segment of Veoneer behind with private equity firm SSW Partners. It's the software that Qualcomm is really after here. In this Motley Fool Live segment from "Wheeling & Dealing" recorded Oct. 15 , Fool.com contributors Toby Bordelon, Brian Withers, and Nicholas Rossolillo discuss why Qualcomm might be using this deal to start building an operating system for cars.
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Is Qualcomm Building a New Operating System for Cars?