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Qualcomm Tops Magna's Bid with $4.6B Offer for Veoneer

Magna's bid was already accepted by Veoneer board but will review Qualcomm offer

Qualcomm Inc. said on Thursday it had offered to buy Swedish auto parts maker Veoneer Inc. for $4.6 billion, an 18.4% premium to a bid in July by Canada's Magna International Inc. that was accepted by Veoneer's board. U.S.-listed shares of Veoneer, spun off in 2018 from air bag and seatbelt maker Autoliv, rose 28% as the stage was set for a bidding war.


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Advanced Energy Launches Programmable DC Power Supplies for the Test and Measurement Market

New iLS Series features industry-leading small footprint, high-power density and patented wireless remote sense
With industry-leading small footprint and high-power density, the iLS600, iLS600-R and iLS1500 feature programmable capability with best-in-class measurement accuracy and a patented wireless remote sense feature that significantly reduces noise in a wide range of test and measurement applications.
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