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MGA - Qualcomm Is Acquiring Software From Auto Supplier Veoneer
Magna International Inc.
Mobile chip design leader Qualcomm (NASDAQ: QCOM) recently outbid auto supplier Magna (NYSE: MGA) to acquire smaller auto industry parts company Veoneer (NYSE: VNE) . It's clear Qualcomm is serious about increasing its share of advanced driver assist systems (ADAS) on new vehicles, but this acquisition comes with some interesting twists. In this Motley Fool Live segment from "Wheeling & Dealing," recorded Oct. 15 , Fool.com contributor Nicholas Rossolillo goes over some of the details.