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Author: Ian Riches
Publication Date: Mar 13 2017
Pages: 6
 Report Type: Insight, Word

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Autonomous Vehicles

Intel to Buy Mobileye For $15 Billion: Intel’s Automated Driving Group Will Be Integrated into Mobileye



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Report Summary:

On 13th March 2017, Intel and Mobileye announced a definitive agreement under which Intel would acquire Mobileye for around $15 billion.  It is perhaps in terms of the overall competitive landscape that the impact of this deal will be most widely felt.  Many vendors in this area are now making a very strong play as a complete “solutions provider” across sensing, processing, communications and cloud.  

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