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© WiTricity Business | February 12, 2019

WiTricity acquires Qualcomm Halo

Wireless power technology player, WiTricity, announces the acquisition of certain technology platform and IP assets from Qualcomm Incorporated and Qualcomm Technologies, which will bring over 1'500 patents and patent applications related to wireless charging to WiTricity.

Through the transaction, Qualcomm Incorporated will become a minority WiTricity shareholder. This acquisition will streamline technology development which aims to enables automakers to deliver an EV charging experience that is seamless and efficient. By simply parking over wireless charging ground pads located at home, in garages, and public parking spots, EV drivers will be able to recharge hands-free, without the need for any bulky cables. Additionally, electrified autonomous vehicle (AV) fleets will require wireless charging since there will be no human drivers present to plug in. “WiTricity’s wireless charging technology is key to the future of mobility which is clearly electric, and increasingly shared and autonomous,” says Alex Gruzen, CEO of WiTricity, in a press release. “EV drivers and fleets demand a simple, effortless charging experience. Bringing the Qualcomm Halo technology into the WiTricity portfolio will simplify global interoperability and significantly accelerate commercialization. This is an exciting day for WiTricity, for automakers, for prospective EV buyers, and ultimately for any company deploying fleets of autonomous vehicles.” Qualcomm Incorporated and WiTricity have been working collaboratively with global standards organisations, which currently leverage reference designs from each company. This acquisition will simplify ratification of the standard and help ensure interoperability across automakers. EV drivers will be able to use any standards-compatible pad to charge their vehicles. “With Qualcomm technology and expertise, we have been able to deliver innovative automotive solutions, like Qualcomm Halo wireless electric vehicle charging (WEVC), not only to support the shared vision of a more efficient, safer and cleaner urban mobility, but also to transform the automotive experience,” says Steve Pazol, advisor, and former vice president and GM, Wireless Charging, Qualcomm Incorporated. “Qualcomm is confident that combining WEVC under WiTricity’s leadership will create accessibility to and demand by customers for this exciting technology.” The acquisition follows other recent milestone for WiTricity. The company has signed several new licensing deals including Mahle in Germany and Anjie Wireless in China. 2018 also saw the introduction of the world’s first vehicle that is factory equipped with wireless charging, the BMW 530e iPerformance sedan.
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August 06 2019 8:55 pm V14.1.1-1