Qualcomm to acquire Israeli auto-chip maker Autotalks

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May 8 (Reuters) – Qualcomm Inc (QCOM.O) said on Monday that it would acquire Israel’s Autotalks Ltd, a maker of chips used in crash-prevention technology in vehicles, as the U.S. firm looks to expand its automotive-related business.

The company did not disclose the terms of the deal but said Autotalk’s technology would be incorporated into its assisted and autonomous driving product, called Snapdragon Digital Chassis.

Read more on Reuters

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