Through the acquisition of Autotalks, Qualcomm Technologies is expected to expand its Snapdragon Digital Chassis product portfolio by integrating the Israeli firm’s production-ready and dual-mode safety solutions into its set of cloud-connected automotive platforms
Fabless semiconductor firm Autotalks to be acquired by Qualcomm. (Credit: Coolcaesar at en.wikipedia/Wikimedia Commons)
Qualcomm Technologies, a subsidiary of Qualcomm, has agreed to acquire Israel-based fabless semiconductor company Autotalks for an undisclosed price.
Established in 2008, Autotalks is focused on enabling vehicle-to-everything (V2X) communications for manned and autonomous vehicles. Autotalks is privately held and is backed by various global venture capital funds, original equipment manufacturers (OEMs), and Tier1s.
The firm offers automotive-qualified dual-mode global V2X solutions that are interoperable with different V2X standards developed to decrease collisions and enhance mobility.
Autotalks CEO Hagai Zyss said: “We are confident that by combining our knowledge and expertise, we will not only deliver strong V2X products that will enhance transportation efficiency and safety for road users but will accelerate widespread adoption of V2X.”
Through the acquisition of Autotalks, Qualcomm Technologies is expected to expand its Snapdragon Digital Chassis product portfolio with the Israeli firm’s production-ready and dual mode, standalone safety solutions.
Autotalks’ solutions are planned to be integrated into Qualcomm Technologies’ set of cloud-connected automotive platforms.
By combining Autotalks’ expertise and products with Qualcomm’s automotive industry experience, the firms intend to expedite the development and adoption of V2X solutions to enhance traffic efficiency and support driver and road user safety.
Qualcomm Technologies automotive senior vice president and general manager Nakul Duggal said: “We have been investing in V2X research, development and deployment since 2017 and believe that as the automotive market matures, a standalone V2X safety architecture will be needed for enhanced road user safety, as well as smart transportation systems.
“We share Autotalks’ decades-long experience and commitment to build V2X technologies and products with a focus on solving real-world road user safety challenges.”
The closing of the deal is subject to customary conditions.
In March 2023, Qualcomm entered into a non-binding memorandum of understanding (MOU) with Leapmotor to develop a new generation of intelligent cockpit product based on the former’s Snapdragon cockpit platforms.