On Monday, Intel announced that it will purchase the Israeli automotive technology company Mobileye in a deal worth $15.3 billion. Currently, Mobileye’s computer vision systems underpin the advanced driver assists present in many new vehicles across a wide range of brands.
Once the deal finalizes, Intel’s Automated Driving Group will be integrated into Mobileye and run from Israel. Mobileye’s co-founder, chairman, and CTO, Professor Amnon Shashua, will head things up.
