Qualcomm to acquire Autotalks

Qualcomm has signed a definitive agreement to acquire Autotalks. Autotalks is a fabless semiconductor company devoted to vehicle-to-everything (V2X) communications for manned and autonomous vehicles. Founded in 2008, the company is headquartered in Israel with offices in North America, Germany, France, China, Japan and Korea. The acquisition is subject to customary closing conditions. Financial terms of the deal were not disclosed.

Autotalks provides automotive-grade dual-mode global V2X solutions, which will be integrated into Snapdragon’s digital chassis product portfolio.

V2X communication technologies have become increasingly important as they facilitate communication between vehicles and their surroundings, acting as critical sensors for automotive safety systems.

[Image courtesy: Autotalks]

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