Qualcomm is buying auto-safety chipmaker Autotalks

Qualcomm has agreed to acquire an Israeli fabless chipmaker called Autotalks, and according to TechCrunch, the deal will cost the company around $350 to $400 million. Autotalks creates chips and vehicle-to-everything (V2X) communication technologies dedicated towards boosting road safety for both ordinary and driverless vehicles. In its announcement, Qualcomm said that Autotalks' "production-ready, dual mode, standalone safety solutions" will be incorporated into the Snapdragon Digital Chassis, its set of cloud-connected assisted and autonomous driving technologies.