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Intel buys Mobileye

Mobileye advanced driver awareness system, Intel buys Mobileye
Mobileye advanced driver awareness system
The value of this deal is around $15 billion while its purpose is to "position Intel as a leading technology provider in the fast-growing market for highly and fully autonomous vehicles."

Intel's involvement in computer vision and autonomous vehicle technology is now moving to the next level as the tech giant signs a definitive agreement to acquire Israeli company Mobileye. The two companies have been working together for a while now, currently teaming up with BMW to bring a fleet of around 40 self-driving test vehicles on the road by the end of 2017.

According to Intel, "The acquisition will couple the best-in-class technologies from both companies, including Intel’s high-performance computing and connectivity expertise and Mobileye’s leading computer vision expertise to create automated driving solutions from the cloud through the network to the car."

The value of this corporate purchase is estimated to be around $15 billion, but since the deal is subject to customary closing conditions, it is not expected to be sealed until the end of the year. Mobileye will not be integrated into Intel since Intel's Automated Driving Group will join Mobileye instead.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2017 03 > Intel buys Mobileye
Codrut Nistor, 2017-03-13 (Update: 2017-03-13)
Codrut Nistor
Codrut Nistor - News Editor
Although I have been writing about new software and hardware for almost a decade, I consider myself to be old school. I always enjoy listening to music on CD or tape instead of digital files and I will not even get into the touchscreen vs physical keys debate. However, I also enjoy new technology, as I now have the chance to take a look at the future every day. I joined the Notebookcheck crew back in 2013 and I have no plans to leave the ship anytime soon.