Qualcomm Inc. is set to clinch European Union antitrust approval for its $39 billion acquisition of NXP Semiconductors during the next week. The EU opened an in-depth probe into the Qualcomm-NXP deal last June concerning that the deal may lead to higher prices, less choice and reduced innovation in the semiconductor industry. NXP has already significant presence in Austin after they acquired Freescale Semiconductor in 2015 for $11.9 billion. Qualcomm’s commitments will now include a pledge not to buy NXP’s standard essential patents, plus assurances that the rival products will still function with NXP’s, according to one of the people familiar with the matter. Qualcomm agreed to
Silicon Valley graphics chipmaker Nvidia, announced a new, more powerful computing platform for use in autonomous vehicles. The company claims its new system, code named Pegasus, can be used to power Level 5, fully driverless cars without steering wheels, pedals, or mirrors. Deutsche Post DHL Group, the world’s largest mail and logistics company, and ZF [ZFF.UL], a top automotive parts supplier, plan to deploy a fleet of autonomous delivery trucks based on the new chips, starting in 2019, NVIDIA said for Reuters. The third generation of NVIDIA’s Drive PX automotive line is a multi-chip platform the size of car license plates with datacenter-class processing power.