Qualcomm said Tuesday its subsidiary, Qualcomm Technologies, intends to collaborate with Alphabet’s Google to add support for the new Android Things operating system (OS) in Qualcomm Snapdragon processors. Shares of Qualcomm climbed more than 2% intraday.
Android Things is a new vertical of Android designed for Internet of Things (IoT) devices, the company said in a statement.
By using their expertise in Android and Snapdragon processors to support the development of a variety of connected devices, this initiative intends to help a vast number of developers participate in the IoT opportunity.
“We anticipate many new and exciting IoT products will result as developers are able to bring the power of the Snapdragon processor together with Android Things,” said Jeffery Torrance, vice president of business development at Qualcomm.