In what is the most expensive acquisition of an Israeli high-tech company, the US chip giant Intel purchases Israeli company Mobileye for around $15 billion, paving its entry into the autonomous driving technology market; Netanyahu: ‘This deal proves that the vision we are leading is coming true.’
US chip giant Intel has bought Israeli driverless technology firm Mobileye for a massive $14.9 billion, in what is considered to be the largest ever acquisition of an Israeli high-tech company.
Intel CEO Brian Krzanich officially stated that the deal, which is also noted for being the world's biggest purchase of a company solely focused on the autonomous driving sector.
US chip giant Intel has bought Israeli driverless technology firm Mobileye for a massive $14.9 billion, in what is considered to be the largest ever acquisition of an Israeli high-tech company.
Intel CEO Brian Krzanich officially stated that the deal, which is also noted for being the world's biggest purchase of a company solely focused on the autonomous driving sector.
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