Intel completes tender offer for Mobileye; accelerating autonomous driving

By mmillikin Intel Corporation and Mobileye N.V. announced the completion of Intel’s tender offer for outstanding ordinary shares of Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving. Intel expects the acquisition to accelerate innovation for the automotive industry and to position itself as a leading technology provider in the market for highly and fully autonomous vehicles.

The combination of Intel and Mobileye will allow Mobileye’s leading computer vision expertise (the “eyes”) to complement Intel’s high-performance computing and connectivity expertise (the “brains”) to create automated driving

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