Intel drives ahead with Mobileye purchase

Business & Economy 14 Mar 2017
Intel drives ahead with Mobileye purchase

US microchip maker Intel is about to be the new company behind the wheel at the driverless technology firm Mobileye. Intel has agreed to buy the Israeli company for $15.3 (14.3 billion euros) which could give it a dominant role in the autonomous-driving sector. It is the biggest technology takeover in Israel’s history and the largest…

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