Announced

Completed

Qualcomm completed the acquisition of Autotalks.

Synopsis

Qualcomm, a wireless telecommunication products and services provider, completed the acquisition of Autotalks, a direct vehicle-to-everything communication solutions provider. Financial terms were not disclosed. “We are thrilled to welcome Autotalks’ highly skilled and experienced team to Qualcomm Technologies. As automotive systems grow more complex, the importance of safety features has never been higher. Together, we will deliver reliable, cutting-edge solutions to enhance road safety and optimize traffic efficiency. We’ve been investing in V2X technologies since 2017, recognizing their potential to improve road safety. This acquisition is a strategic step in our ongoing efforts, advancing V2X solutions further for connected and automated vehicles, while driving global deployment, and strengthening our Snapdragon® Digital Chassis™ product portfolio,” Nakul Duggal, Qualcomm Group GM, Automotive and Industrial & Embedded IoT.

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