Chip designer Qualcomm Inc said on Monday it would buy Israel's Autotalks Ltd that makes chips used in technology aimed at preventing vehicle crashes, as the U.S. firm looks to deepen its automotive business.
Autotalks makes dedicated chips used in the vehicle-to-everything communications technology for manned and driverless vehicles to improve road safety. Qualcomm had said last year that its automotive business"pipeline" had increased to $30 billion, up more than $10 billion since an announcement in late July.
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