Qualcomm to acquire Israeli auto-chip maker Autotalks

Image Source: moneycontrol.com

Qualcomm Inc said that it would acquire Israel's Autotalks Ltd, a maker of chips used in crash-prevention technology in vehicles.

In the second quarter, earnings from the automotive business of Qualcomm increased 20 percent to 447 million USD.

Qualcomm is competing to gain that market share with Mobileye Global of Intel & Nvidia Corporation.

Autotalks manufactures specialized chips for use in V2X technology for communication for human-driven and autonomous vehicles.

Licensing company, QTL, as well as the great bulk of the patent portfolio, are both parts of Qualcomm Incorporated.

Products with the Snapdragon and Qualcomm brands are made by Qualcomm Technologies

With the help of Qualcomm, the entire globe may be smartly connected.

With the help of their single technological roadmap, they can effectively expand the mobile revolution’s founding technologies.

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