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Intel/Mobileye – $15.3bn
Intel â€” which was recently overtaken by Samsung as the world’s largest chipmaker â€” has
made a major move into the autonomous driving space with its acquisition of Israeli visual sensor company Mobileye in August. Through the merger, Intel is looking to position itself as a leader in what is undoubtedly one of the hottest fields in tech right now. The companies are already in partnership with German automaker BMW on a fleet of 40 self-driving
vehicles, which will hit the road in the second half of 2018. Mobileye’s technology is already used by a number of players in the market, most notably Tesla, which has perhaps the best-
recognized automated driving programme in the car industry.
Write a 5-6 Group Paper discussing this merger. Using APA formatting guidelines. Must have a minimum of 5 Scholarly references.