The acquisition will probably be made by way of its unit Qualcomm Technologies.
Chip designer Qualcomm Inc mentioned on Monday it might purchase Israel’s Autotalks Ltd that makes chips utilized in know-how geared toward stopping automobile crashes, because the U.S. agency appears to be like to deepen its automotive enterprise.
Chip designer Qualcomm Inc mentioned on Monday it might purchase Israel’s Autotalks Ltd that makes chips utilized in know-how geared toward stopping automobile crashes, because the U.S. agency appears to be like to deepen its automotive enterprise.
With rising electrical automobiles and automated options in vehicles, the variety of chips utilized by automakers is surging, making the automotive market a key progress space for chipmakers.
Autotalks makes devoted chips used within the vehicle-to-everything (V2X) communications know-how for manned and driverless automobiles to enhance highway security.
”We have been investing in V2X analysis, improvement and deployment since 2017 and imagine that because the automotive market matures, a standalone V2X security structure will probably be wanted for enhanced highway person security, in addition to good transportation techniques,” Nakul Duggal, senior vice-president – automotive, Qualcomm Technologies, mentioned in an announcement.
Qualcomm had mentioned final yr that its automotive enterprise ”pipeline” had elevated to $30 billion, up greater than $10 billion since an announcement in late July.
The firm had credited the bounce to its Snapdragon Digital Chassis product utilized by automotive makers and their suppliers. The Snapdragon Digital Chassis can present assisted and autonomous driving know-how, in addition to in-car infotainment and cloud connectivity.
Qualcomm on Monday mentioned it might incorporate Autotalks’ options into Snapdragon Digital Chassis product portfolio, however didn’t elaborate on the financials of the deal.
The acquisition will probably be made by way of its unit Qualcomm Technologies, Qualcomm added.
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