The US Federal Trade Commission (FTC) is expected to open an in-depth probe on Wednesday of Qualcomm’s purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday, citing people familiar with the matter.
In May, Qualcomm had said it would acquire Israel’s Autotalks, a maker of chips used in crash-prevention technology in vehicles, but had not disclosed the terms of the deal.
Autotalks, which makes dedicated chips used in the V2X communications technology sector for manned and driverless vehicles, would help Qualcomm expand its automotive-related business.
VMware, Nvidia Partner to Develop Tools for Firms That Want Their Own AI
