Qualcomm Technologies, a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), has announced its intention to purchase Autotalks, a semiconductor company specializing in vehicle-to-everything (V2X) communications. The acquisition is subject to customary closing conditions.
The automotive industry is undergoing rapid transformation, driven by digital technologies and innovation. Connectivity is playing a central role in this transformation, enabling next-generation software-defined vehicles that enhance safety, improve the driving experience, and facilitate new business models. V2X communication technologies, which enable vehicles to communicate with each other and their surroundings, have become a critical component of automotive safety systems.
Since 2009, Autotalks has been focused on V2X communications, providing automotive-qualified dual-mode global V2X solutions that minimize collisions and enhance mobility. The acquisition aims to accelerate the development and adoption of V2X solutions, improving traffic efficiency and safety, by combining Autotalks’ expertise and industry-leading products with Qualcomm’s 20 years of automotive experience.
Autotalks’ dual-mode standalone safety solutions will be integrated into Qualcomm Technologies’ Snapdragon Digital Chassis product portfolio, a comprehensive set of cloud-connected automotive platforms.
Nakul Duggal, SVP & GM of automotive at Qualcomm Technologies, expressed the company’s commitment to V2X and its belief in a standalone V2X safety architecture. He also noted that both companies share a focus on solving real-world road safety challenges, and together, they will deliver global V2X solutions that accelerate time-to-market and enable mass adoption.
Autotalks CEO Hagai Zyss shared his confidence that, by combining their expertise, they will deliver strong V2X products that enhance safety and transportation efficiency and accelerate widespread adoption.
Numerous customers and industry leaders, including Volkswagen Group company CARIAD, Continental Automotive, General Motors, HARMAN, Quectel, Renault Group, Rolling Wireless, and Wistron NeWeb Corporation, have expressed their support for the acquisition. These companies recognize the importance of V2X communication technologies in improving safety, alleviating traffic congestion, and paving the way for autonomous driving. They look forward to working alongside Qualcomm Technologies and Autotalks to advance intelligent mobility, make driving safer and more efficient, and accelerate the global adoption of V2X technologies.
The acquisition of Autotalks will help Qualcomm Technologies solidify its position in the automotive industry, providing advanced V2X communication solutions that address the growing need for connectivity in software-defined vehicles. Qualcomm Technologies and Autotalks are poised to deliver innovative, high-performing V2X solutions that will enhance safety and efficiency on the road by combining their expertise and resources.