tldrdailynews.com logo

Qualcomm acquires Israeli auto-chip maker Autotalks for $350-400M.

1 min read
Source: TechCrunch
Qualcomm acquires Israeli auto-chip maker Autotalks for $350-400M.
Photo: TechCrunch
TL;DR

Qualcomm is acquiring Autotalks, an Israeli fabless chipmaker that builds semiconductor and system-on-a-chip technology to aid in automotive safety, for between $350 million and $400 million. Autotalks' V2X communication technology will be integrated into Qualcomm's Snapdragon Digital Chassis portfolio. Qualcomm's automotive business has customers including VW, General Motors, Mercedes-Benz, Cadillac, Honda, and Stellantis. The acquisition will help Qualcomm beef up its capabilities and product range in the lucrative area of automotive safety technology.

Topics:businesstechnology#automotive-safety#autotalks#qualcomm#semiconductor-technology#technology#v2x-communication
Share this article
  1. Qualcomm acquires Autotalks to boost Snapdragon’s automotive safety technology, reportedly for $350-400M  TechCrunch
  2. Qualcomm to acquire Israeli auto-chip maker Autotalks  Reuters
  3. Qualcomm said to buy Israeli car chip manufacturer Autotalks (NASDAQ:QCOM)  Seeking Alpha
  4. Qualcomm acquiring auto-chip maker Autotalks in $350-400 million deal  CTech
  5. Qualcomm to buy Israeli chipmaker Autotalks  Automotive News Europe

Want the full story? Read the original reporting

Read on TechCrunch