Tuesday, August 22, 2023

US FTC to Probe Qualcomm's Israeli Chipmaker Autotalks Aquisition Deal: Report

US FTC s expected to open an in-depth probe on Wednesday of Qualcomm’s purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday. 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.

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