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Qualcomm ends efforts to buy car chip maker Autotalks, Reuters reports
The Fly

Qualcomm ends efforts to buy car chip maker Autotalks, Reuters reports

Qualcomm has ended its bid to buy Israeli car chip maker Autotalks, citing a lack of timely regulatory approvals, Reuters reported on Friday. The U.K.’s CMA opened a probe into the deal in February. “Automotive is a very important vertical for Qualcomm and we remain fully committed to our product roadmap, our customers and our partners,” Qualcomm said in a statement.

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