In this article
QCOM
Follow your favorite stocks CREATE FREE ACCOUNT
Qualcomm wants to get closer to robot makers.
The company said Tuesday that it's acquiring Arduino, an electronics maker whose inexpensive programmable circuit boards and computers are common in hardware startups and robotics labs for prototyping.
Qualcomm didn't announce a price for the transaction, but said the Italy-based company would become an independent subsidiary.
The deal gives Qualcomm direct access to the tinkerers, hobbyists and companies at the lowest levels of the robotics industry. Arduino products can't be used to build commercial products but, with chips preinstalled, they're popular for testing out a new idea or proving a concept.
Qualcomm hopes that Arduino can help it gain loyalty and