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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."
Codrut Nistor,
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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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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5414 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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Codrut Nistor, 2017-03-13 (Update: 2017-03-13)