Intel Completes Acquisition of Mobileye


[Netease Smart News reported on August 9] According to foreign media reports, Intel announced that it has completed the acquisition of Mobileye, Israel’s autonomous driving technology company.

According to reports, Mobileye's CEO Ziv Aviram will leave the company, and Mobileye's another founder, Amnon Shashua, will become CEO and CTO of Mobileye. They will also receive a senior vice president of Intel. In addition, Mobileye will cooperate with Intel. The Autonomous Driving Business Unit (ADG) merged to form a new autonomous driving department. According to information sources to NetEase Intelligence, after the acquisition was announced, the two have already started working in the same department and quickly entered the run-in period.

According to NetEase Intelligence (smartman163) previously reported, on March 13, 2017, Intel formally announced the acquisition of Mobileye for $63.54 per share in cash, with an equity value of approximately $15.3 billion. According to statistics, Mobileye is an Israeli manufacturer that assists drivers in the driving process. The company that protects the safety of passengers and visual systems that reduce traffic accidents, provides chip-launching systems and computer vision algorithms to run DAS client functions such as lane departure warning (LDW), vehicle detection based on radar visual fusion, frontal collision warning (FCW) , Vehicle distance monitoring (HMW), pedestrian detection, intelligent headlamp control (IHC), traffic sign recognition (TSR), visual adaptive cruise control (ACC), etc., commented that the company’s position in Israel is equivalent to China's BAT.

For this acquisition, Wu Gansha, the former president of Intel China Research Institute and the founder of current trend science and technology, once said in an interview with Netease.com that “the industry is changing, and it’s very embarrassing that the automotive processor manufacturers have been from the former” "(Texas Instruments, Renesas, ST, Infineon) has become the "new four" (Intel+Mobileye, Qualcomm+NXP, Nvidia, Samsung), and it will be a good show for the next year or two. Consolidation is inevitable.

Wu Gansha said, “The history of the auto industry is a history of mergers and acquisitions. At the beginning of the last century, there were about 250 depots in the United States, but now there are few left. From 1950 to the present, the United States has only produced a new car company Tesla. "(Dingxi)

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