Monday, 13 March 2017

Intel splashes $15b on autonomous vehicle company Mobileye

Intel sees Mobileye's expertise dovetailing well with its own computing clout

Intel is much more than a computer hardware company these days. In addition to drones, virtual reality and fitness tracking, one future-flavored pie that the firm is sticking its fingers into is driverless vehicle technology. Today it may have just gone ahead and plunged a whole fist in, with a US$15 billion acquisition of Israeli company Mobileye.

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Category: Automotive

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