Qualcomm Acquires Arriver from SSW Partners

Arrive to Acquire Passport

March 4, 2026

IT Services

Arrive, a global urban mobility platform, announced its intention to acquire Passport, a provider of parking compliance and curbside payment/enforcement technology used by more than 800 cities and private operators across North America. The planned deal would unify Passport’s enforcement, paid parking, and payment infrastructure into Arrive’s mobility management ecosystem to support cities’ transition toward autonomous-ready mobility.

Qualcomm Acquires Clay AIR

November 23, 2021

AI & Machine Learning

Qualcomm has acquired Clay AIR, an AI-powered hand-tracking and gesture-recognition technology company, to strengthen its XR (extended reality) technology stack. The acquisition adds Clay AIR's hardware-agnostic tracking technology and team of computer vision and machine-learning experts to Qualcomm's XR capabilities.

Magna International Acquires Veoneer's Active Safety Business

June 1, 2023

Automotive

Magna International agreed to acquire Veoneer's Active Safety business from SSW Partners (Veoneer) for $1.525 billion in cash; the transaction was announced December 20, 2022 and completed June 1, 2023. The acquisition combines Veoneer's Active Safety product portfolio and engineering capability with Magna's ADAS business to create a strengthened global supplier of advanced driver assistance systems and accelerate product and geographic reach.

FlashParking Merges with Arrive Mobility

January 6, 2021

Cloud & SaaS

FlashParking, Inc. and Arrive Mobility, Inc. have merged to create an end-to-end touchless digital mobility platform combining FlashParking’s cloud-based mobility hub operating system with Arrive’s demand-management and consumer-facing parking technology. The combined company will provide integrated B2B and B2C parking and mobility solutions—covering wayfinding, reservations, digital payments and analytics—to thousands of parking operations and millions of consumers; Arrive was formerly a Baird Capital portfolio company.

Harbinger Acquires Phantom AI and Licenses Computer Vision from ZF

November 1, 2025

AI & Machine Learning

Harbinger, an American medium-duty electric and hybrid vehicle manufacturer, acquired autonomous driving company Phantom AI. In parallel, Harbinger and ZF Group’s ADAS business unit agreed to license Phantom AI’s computer vision for ZF passenger-car ADAS products, while Harbinger plans to integrate the technology into its vehicles in 2026.

Qualcomm Technologies to Acquire NUVIA for About $1.4 Billion

January 16, 2021

Cloud & SaaS

Qualcomm announced that its subsidiary Qualcomm Technologies entered into a definitive agreement to acquire NUVIA for approximately $1.4 billion, subject to working capital and other adjustments. The deal will bring NUVIA’s CPU and SoC design team into Qualcomm to expand Snapdragon computing performance and power efficiency for next-generation devices.