Qualcomm Incorporated announced that its subsidiary, Qualcomm Technologies has entered into a definitive agreement to acquire Autotalks. The transaction is subject to customary closing conditions.
The automotive industry continues to evolve at an unprecedented rate, driven by innovation and digital technologies. Connectivity continues to play a pivotal role in the automotive industry’s digital transformation as it lays the foundation for next generation software-defined vehicles that will enable new business models while transforming the driving experience with new services, personalization and most importantly, safety. Designed to enable vehicles to communicate with one another and to their surrounding environment, vehicle-to-everything (V2X) communication technologies play an increasingly important role as they become critical sensors for automotive safety systems.
Autotalks is a fabless semiconductor company that has been dedicated to V2X communications since 2009. The company provides automotive qualified dual-mode global V2X solutions compatible with multiple V2X standards that are designed to reduce collisions and improve mobility. The combination of Autotalks’ expertise and industry-leading products with Qualcomm’s 20 years of automotive industry experience and commitment to V2X aims to help accelerate the development and adoption of V2X solutions to improve traffic efficiency and help with driver and road user safety.
Through the acquisition, the production-ready, dual mode, Autotalks standalone safety solutions will be incorporated into Qualcomm Technologies’ expanding Snapdragon® Digital Chassis product portfolio, the company’s comprehensive set of cloud-connected automotive platforms.
The broad spectrum of potential customers and industry leaders have voiced positive support for this acquisition:
V2X solutions support building safer roads, relieving traffic congestion and improving sustainability, and as one of the select few companies recently approved by the FCC to operate roadside and on-board C-V2X technologies on U.S roadways, we are focused on working with trusted partners in the automotive ecosystem to help develop advanced automotive technologies that will deliver safer communications between the vehicle and its environment,” said Ram Iyer, SVP, Connectivity, HARMAN.
Nakul Duggal, senior vice president & GM, automotive, Qualcomm Technologies, Inc
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. 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.
Hagai Zyss, CEO of Autotalks
It has been our mission to revolutionize safety for the transportation and automotive industry through our V2X solutions,
