American Industrial Partners Capital Fund VII completes acquisition of Veoneer
SOUTHFIELD, Mich., March 1, 2024 /PRNewswire/ -- Veoneer today announced that the American Industrial Partners Capital Fund VII (AIP Fund VII) has completed the acquisition of Veoneer's Restraint Control Systems business from SSW Partners LP. The deal was first announced onDecember 6, 2023. Veon...
American Industrial Partners Capital Fund VII to Acquire Veoneer's Restraint Control Systems Business
STOCKHOLM and NEW YORK, Dec. 6, 2023 /PRNewswire/ -- The automotive technology company Veoneer today announced that it has entered into an agreement with an investment fund managed by American Industrial Partners ("AIP"), for the acquisition of Veoneer's Restraint Control Systems business from SS...
Veoneer completes sale of Active Safety business to Magna
STOCKHOLM, June 2, 2023 /PRNewswire/ -- The automotive technology company Veoneer announced the completion of the sale of its Active Safety business to Magna, a mobility technology company and one of the largest suppliers in the auto industry. The transaction was first announced onDecember 20, 20...
Magna to acquire Veoneer's Active Safety Business
STOCKHOLM and NEW YORK, Dec. 20, 2022 /PRNewswire/ -- The automotive technology company Veoneer announced that it has entered into an agreement with Magna International Inc., a mobility technology company and one of the largest suppliers in the auto industry. Under the agreement Magna will acquir...
Veoneer Awarded Major Restraint Control System Business by North American OEM
STOCKHOLM, Dec. 16, 2022 /PRNewswire/ -- The automotive technology company Veoneer has been awarded its largest Restraint Control System contract ever. Veoneer's Restraint Control Systems (RCS) business has been awarded a significant, long-term contract to deliver its market-leading next-generati...
Veoneer Awarded Active Safety System by Major Asian OEM
STOCKHOLM, Nov. 15, 2022 /PRNewswire/ -- The automotive technology company Veoneer has signed an agreement with a major Asian OEM to equip an electric vehicle joint-venture inChina with an active safety system comprising of a monovision camera, a package of forward-looking and corner radars, and ...
Veoneer partners with Arbe to Expand the Boundaries of High-Performance Perception-Level Automotive Radars
STOCKHOLM, Oct. 7, 2022 /PRNewswire/ -- The automotive technology company Veoneer and the 4D imaging radar solutions company Arbe Robotics Ltd (Nasdaq: ARBE) have announced plans to co-develop radars for automotive-grade safety and rolling out autonomous functionality. After 5 years extensive re...
Veoneer co-developer of PACEpilot Awarded Seating Technology
STOCKHOLM, Sept. 23, 2022 /PRNewswire/ -- The global automotive technology company Veoneer, a leader in active safety and restraint control systems, has together with Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, co-developed the electronics support...
Veoneer and emotion3D recognized for "Most Innovative In-Cabin Perception Application"
STOCKHOLM, Sept. 16, 2022 /PRNewswire/ -- The AutoSens Award celebrates the best and brightest working at the cutting-edge of innovation in ADAS and autonomous vehicle technology. At the event inBrussels earlier this week, Veoneer and emotion3D were honored with the AutoSens Award in the category...
Veoneer Hosts Executive Briefing Panel at Detroit AutoShow's AutoMobili-D
SOUTHFIELD, Mich., Sept. 14, 2022 /PRNewswire/ -- The automotive technology company Veoneer is hosting an Executive Briefing panel at the Detroit Auto Show's AutoMobili-D onThursday, September 15 from 12:20 – 12:50pm EST. The panel, titled "ADAS for Everyone – The Industry Responsibility to Make ...
Veoneer Demonstrates Latest Technologies and Scalable System Architecture at North American Ride & Drive
SOUTHFIELD, Mich., June 13, 2022 /PRNewswire/ -- The automotive technology company Veoneer is hosting a ride and drive event taking placeJune 13 - 17 that highlights the company's newest technology advancements that support the future of automated driving and automotive safety. Demonstrations wi...
Veoneer to supply Cameras to BMW Group's Next Generation Vision System for Automated Driving
STOCKHOLM, May 18, 2022 /PRNewswire/ -- The automotive technology company Veoneer has signed an agreement to equip BMW Group vehicles with camera heads for their next generation vision system for Automated Driving. The camera heads support the cooperation between BMW Group, Qualcomm Technologies,...
Veoneer Provides Market Update
* Announces Completion of Sale of Arriver * Signs Strategic Collaboration Agreement with Qualcomm Technologies * SSW Partners to Launch Process to Find Long-term Strategic Buyers STOCKHOLM andNEW YORK, April 5, 2022 /PRNewswire/ -- Veoneer, Inc., the automotive technol...
SSW Partners Completes Acquisition of Veoneer
* SSW Partners have acquired all shares in Veoneer for $37.00 per share in cash * Qualcomm expects to close acquisition of Arriver business from SSW Partners onApril 4, 2022 STOCKHOLM, April 1, 2022 /PRNewswire/ -- Veoneer today announced that SSW Partners, aNew York-based investment partners...
General Motors Names Veoneer a 2021 Supplier of the Year
STOCKHOLM, March 25, 2022 /PRNewswire/ -- General Motors recognized Veoneer as a 2021 Supplier of the Year. GM celebrated honorees at its 30th annual Supplier of the Year awards ceremony inPhoenix, Arizona, last week. GM's Supplier of the Year award recognizes global suppliers that distinguish ...
Veoneer announces planned date for closing of merger and future CEO
STOCKHOLM, March 24, 2022 /PRNewswire/ -- Today, the automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), announced that, in connection with the previously announced merger agreement among Veoneer, SSW Holdco LP, SSW Merger Sub Corp, and QUALCOMM Incorporated (NASDAQ: QCOM), ...
Veoneer publishes 2021 Annual and Sustainability Reports
STOCKHOLM, Feb. 18, 2022 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has filed its 2021 Annual Report on Form 10-K with the Securities and Exchange Commission (SEC). The 2021 Annual Report on Form 10-K is available at the SEC Edgar website: www.s...
Financial Report October - December 2021: Veoneer
STOCKHOLM, Feb. 2, 2022 /PRNewswire/ -- Financial Summary - Q4'21 * Net Sales $449 million, Organic Sales1 decline -1% * Active Safety Net Sales increase 18%, Organic Sales increase 18% * Operating cash flow $8 million, $85 million improvement YoY * Cash balance $424 million * Veoneer ...
Veoneer's Research Tech Talk "Trust in Collaborative - and Self-Driving - What's Next?" Published Virtually
STOCKHOLM, Jan. 13, 2022 /PRNewswire/ -- The automotive technology company Veoneer, Inc.(NYSE: VNE) (SSE: VNE SDB), has published its 2022 Research Tech Talk, "Trust in Collaborative - and Self-Driving - What's Next?", where thought leaders discuss the power and potential of the expanding world o...
Veoneer joins CES® 2022 Virtually - Will Showcase Its Vision For The Next Decade of Automotive Safety Technology
STOCKHOLM, Dec. 30, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB) will showcase cutting-edge innovations and outline its vision for boosting road safety at CES® 2022 on January 5-8, virtually. As health and safety is Veoneer's first priority, the...
