Published in Transportation

Qualcomm snaps up Autotalks

by on08 May 2023

Car wars mean Qualcomm needs a bigger boat

Qualcomm is acquiring Autotalks, a fabless chipmaker out of Israel that builds semiconductor and system-on-a-chip technology to aid in automotive safety.

The dark satanic rumour mill claims that Qualcomm is paying between $350 million and $400 million for the startup.

Autotalks’ tech is used in sensors that help vehicles and their drivers detect road hazards, such as oncoming vehicles in a driver’s blind spots; it communicates with other vehicles using compatible tech to improve responsiveness.

Qualcomm wants to integrate Autotalks’ V2X (vehicle-to-everything) communication tech into its mobility-focused Snapdragon Digital Chassis portfolio.

Autotalks was founded in 2009 and has raised $110 million. Its backers included Samsung, Hyundai, and Toyota.

Qualcomm senior vice president Nakul Duggal said that his outfit had been investing in V2X research, development, and deployment since 2017 and believed 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 building V2X technologies and products, focusing on solving real-world road user safety challenges. We look forward to working together to deliver global V2X solutions that will help accelerate time-to-market and enable mass market adoption of this very important safety technology.”


Last modified on 08 May 2023
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