Intel buys MobilEye for a cool $15.3 billion
PC gamers love the combination of Intel CPUs and Nvidia GPUs, but the two companies are actually bitter rivals in several markets. Just as Nvidia has been all up in the self-driving car market, so too is Intel. The world's largest CPU vendor actually already has an autonomous vehicle division, but today it took a flying leap by announcing its purchase of MobilEye. The $15-billion-dollar acquisition is the largest purchase of an Israeli tech company in history, according to the Times of Israel. Intel says that MobilEye will be merging with its existing autonomous vehicle team once the deal is finalized with shareholders and regulators.
You might already have heard of MobilEye's technology. The company's offerings are already inside several semi-autonomous vehicles, including Tesla cars. That particular relationship has recently come to a close, though, ...