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Intel buys Mobileye as part of automated vehicle strategy

Mark Moran
10 August 2017
 

US computer chip manufacturer Intel has signalled its interest in the autonomous driving market by purchasing Israeli technology company Mobileye.

Intel is reported to have paid $15.3bn for Mobileye, which manufactures cameras, sensors and software. Mobileye supplies technology to most major car-makers and is active areas such as digital mapping.

Intel announced its intention to acquire Mobileye in March. The two companies have been working with BMW on self-driving cars and are partners with...

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