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CMA in the UK has launched an investigation into Qualcomm's acquisition of Autotalks, a maker of in-car communications chips.

via:IT之家     time:2023/9/30 12:01:06     readed:177

According to news from IT House on September 30, the British Competition and Market Authority (CMA) saidThe acquisition of Israeli company Autotalks by Qualcomm is under investigation.To confirm whether the acquisition will hurt competition in the UK market.

Qualcomm hopes to deepen its automotive business by acquiring Autotalks and speeding up the adoption of V2X technology to strengthen its Snapdragon Digital Chassis product portfolio, IT House reported in May.

At present, Autotalks mainly produces special chips in the field of self-driving, which are used in the V2X communication technology of intelligent vehicles, which aims to improve road safety.

The Federal Trade Commission (FTC) launched an in-depth investigation into the acquisition of Israeli car chipmaker Autotalks by chip maker Qualcomm in August.

In an effort to allay potential concerns about the deal, Qualcomm, in announcing its acquisition of Autotalks, stressed that the deal was supported by carmakers and parts makers, including Volkswagen, General Motors, Renault, Continental and Samsung's Harman International. However, the deal was also opposed by anonymous complainants, with foreign media saying that one of the complainants was the chipmaker MediaTek.

Related readings:

Qualcomm announces that it will acquire Autotalks, an Israeli maker of on-board communication chips.

Qualcomm's acquisition of chipmaker Autotalks will be subject to US FTC investigation if it is blocked.

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