Intel buys Mobileye by $15 billion

Mobileye, a company that develops computer vision and sensor fusion technology for autonomous and computer assisted driving, has been bought by Intel, in a deal worth 15.3 billion dollars.

The company develops a large range of technologies and services related with computer based driving. These technologies include rear facing and front facing cameras, sensor fusions, and high-definition mapping. Mobileye has been working with a number of car manufacturers, including Audi and BMW.

Mobileye already sells devices that you install in your car, to monitor the road and warn the driver of impeding risks. A number of insurance companies in Israel have reduced the insurance premium for drivers who have installed the devices in their cars.

This sale is another strong indication that autonomous and computer assisted driving will be a mature technology within the next decade, changing profoundly our relation with cars and driving.

The products of Mobileye have been extensively covered in the news recently, including TechCrunchThe New York Times and Forbes.

Image by Ranbar, available at Wikimedia Commons.

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