{"id":51940,"date":"2023-08-23T08:19:03","date_gmt":"2023-08-23T12:19:03","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/qualcomm-target-of-ftc-over-deal-to-acquire-auto-safety-chip-maker-report\/"},"modified":"2023-08-23T08:19:05","modified_gmt":"2023-08-23T12:19:05","slug":"qualcomm-target-of-ftc-over-deal-to-acquire-auto-safety-chip-maker-report","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=51940","title":{"rendered":"Qualcomm target of FTC over deal to acquire auto-safety chip maker: report"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002429187\" role=\"document\">\n<p>Qualcomm Inc.<br \/>\n        QCOM,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206679220\/composite\" class=\"negative\">-1.09%<\/bg-quote><br \/>\n       reportedly faces scrutiny from the Federal Trade Commission over the proposed acquisition of a chip maker that specializes in auto safety products. According to a report late Tuesday from Politico, the FTC plans to open an in-depth probe of Qualcomm\u2019s purchase of Israel-based Autotalks, according to two unnamed sources with direct knowledge of the matter. The deal, which the company announced in May without providing financial details, had an estimated value of $350 million to $400 million at the time. Qualcomm shares, which were up 0.2% after hours, finished Tuesday\u2019s regular session down 1.1% at $109.47.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/qualcomm-target-of-ftc-over-deal-to-acquire-auto-safety-chip-maker-report-1bf0d117?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qualcomm Inc. QCOM, -1.09% reportedly faces scrutiny from the Federal Trade Commission over the proposed acquisition of a chip maker that specializes in auto safety products. According to a report late Tuesday from Politico, the FTC plans to open an in-depth probe of Qualcomm\u2019s purchase of Israel-based Autotalks, according to two unnamed sources with direct [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-51940","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Qualcomm target of FTC over deal to acquire auto-safety chip maker: report | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Qualcomm Inc. 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