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Intel acquires Mobileye for a staggering $15 billion as the company is seen as potential winner in self-driving

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Intel just paid a staggering $15.3 billion to acquire Mobileye, which was publicly trading at $10.5 billion before the deal was announced this morning. The Israeli company, which was best known by the public as one of the main supplier for Tesla’s first generation Autopilot program, will solidify Intel’s effort in the field of autonomous driving. 
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BMW, Intel and Mobileye are reportedly about to unveil a new partnership for self-driving cars

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Just a few weeks after we learned that BMW is putting its electric vehicle programs on the “back burner” in order to focus its ‘i’ brand, under which the German automaker has been releasing its electric vehicles, on self-driving cars instead. We now learn that the automaker is reportedly about to announce an important partnership with Intel and Mobileye to develop its self-driving cars.
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