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finance.yahoo said that STOCKHOLM (Reuters) – Automotive technology firm Veoneer and U.S. chip giant Qualcomm have signed a collaboration deal to develop a software and chip platform for advanced driver assistance systems, Veoneer said on Tuesday.
The companies first communicated their plans to team up in August last year.
Veoneer said on Tuesday it had formed Arriver, a dedicated software unit for the development of the complete perception and drive policy software stack.
“Today’s agreement with Qualcomm Technologies and the creation of Arriver are key milestones in Veoneer’s development,” Veoneer CEO Jan Carlson said in a statement.
