Intel eyes 2022 listing for connected car unit Mobileye
US chip giant Intel intends to retain majority ownership of Israel-based connected car tech company Mobileye after an IPO.
US chip giant Intel intends to retain majority ownership of Israel-based connected car tech company Mobileye after an IPO.
With the glitz and glamour of Las Vegas, it perhaps shouldn’t come as much of a surprise the connected car is stealing the headlines at the 2019 Consumer Electronics Show (CES).
Fiat has been announced as the latest player to join Intel’s autonomous driving crew, which has the ambitions of putting fully automated vehicles into production by 2021.
To celebrate the completion of the completion of Intel’s tender offer for outstanding ordinary shares of Mobileye, the pair have announced a new initiative to build a fleet of 100 autonomous vehicles.
Intel has announced it has entered a definitive agreement to acquire Israeli sensor company Mobileye for a weighty $15.3 billion.
Shares in machine learning company Mobileye have fallen by 8% following the announcement it will be breaking ties with automotive innovator Tesla.
BMW, Intel and Mobileye have announced a new partnership to build a fleet of self-driving cars, not only on highways but also in urban environments, by 2021.
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