(Ha'aretz) Omri Zerachovitz - Technology giant Intel is purchasing Israeli company Mobileye for $14-15 billion, in the biggest deal in the history of Israel's high-tech industry, sources told The Marker. Mobileye, based in Jerusalem, develops driver assistance systems and is developing the technology for automated cars. In 2016, Mobileye teamed up with BMW and Intel to develop new technology that could put self-driving cars on the road by 2021.
2017-03-13 00:00:00Full ArticleBACK Visit the Daily Alert Archive