Tag: Mobileye

Intel Investing Another $10 Billion in Israel

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Following Intel's $15 billion acquisition of MobileEye in 2017 from an Israeli company, they are now investing another $10 billion in Israeli chip-making manufacturing. Israel has indeed become a global player in technology and other industries. Read more about Intel's just-completed $10 billion deal here: Intel Confirms $10 Billion Investment and New Factory in Israel …

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Intel Purchases Israeli Mobileye for $15.3 Billion

On By LFTBH AdministratorIn Current Events, Israeli Life, MediaLeave a comment

In the largest acquisition ever of an Israeli high-tech company, Intel just announced the purchase of Mobileye for over $15 billion.  Accounting for over 70% of the advanced driver assistance/anti-collision systems in the world, Mobileye's mission is to reduce motor vehicle accidents and injuries. According to Mobileye's website: Mobileye has invested over 15 years in …

Continue reading Intel Purchases Israeli Mobileye for $15.3 Billion