Qualcomm to acquire Israeli auto-chip maker Autotalks

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Qualcomm to acquire Israeli auto-chip maker Autotalks
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Chip designer Qualcomm Inc said on Monday it would buy Israel's Autotalks Ltd that makes chips used in technology aimed at preventing vehicle crashes, as the U.S. firm looks to deepen its automotive business.

A smartphone with a displayed Qualcomm logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photosaid on Monday it would buy Israel's Autotalks Ltd that makes chips used in technology aimed at preventing vehicle crashes, as the U.S. firm looks to deepen its automotive business.

Autotalks makes dedicated chips used in the vehicle-to-everything communications technology for manned and driverless vehicles to improve road safety.

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