Earlier in March, Intel has agreed to buy automotive technology firm Mobileye. Now, the chipmaker has finally completed the $15.4 billion acquisition by acquiring approximately 84 percent of Mobileye’s outstanding ordinary shares. Continue reading “Intel officially completes $15.3 billion Mobileye acquisition”
Intel and Mobileye today announced a definitive agreement under which Intel would acquire Mobileye, popular for its development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving. It was in the news recently over a spat with Tesla following a fatal Model S crash in Florida. Continue reading “Intel to acquire Mobileye for $15.3 billion to boost its automated driving solutions”
BMW Intel Corp. and machine-vision technology company Mobileye have joined hands to develop self-driving cars, according to a latest report from Reuters.
Continue reading “BMW, Intel and Mobileye said to team up for self driving cars”