Intel Completes Mobileye’s Acquisition

By Einat Paz-Frankel, NoCamels August 09, 2017 Comments

mobileye-logoAugust 9, 2017 | Technology giant Intel has completed the acquisition of Israeli company Mobileye for $15.3 billion, the largest deal in Israel’s history. The two companies entered the acquisition agreement earlier this year. Mobileye was founded in Jerusalem, Israel, by Prof. Amnon Shashua and Ziv Aviram in 1999 and went public in 2014. It has developed a warning system that alerts drivers of road hazards using software, cameras, and sensors. It’s also a major player in the autonomous car industry.

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