Global chip manufacturer Qualcomm acquires Veoneer, a Swedish automotive tech company. This jumbo M&A transaction is the absolute epitome of cross-industry tech & strategic convergence. Both companies entered a collaboration deal to develop a software and chip platform for driver-assistance systems in Jan 2021.
https://www.reuters.com/business/media-telecom/qualcomm-ssw-partners-buy-veoneer-45-billion-deal-2021-10-04/
