2017
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Question
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IBM
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Google
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Intel
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Lenovo
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Detailed explanation-1: -Intel buys Mobileye in $15.3B deal, moves its automotive unit to Israel | TechCrunch.
Detailed explanation-2: -Intel has said it will remain the majority owner of Mobileye and the two companies will continue as strategic partners. Mobileye founder and CEO Amnon Shashua will remain with the company. “Mobileye’s goals-my goals-are incomplete, and I am as committed as ever to a safer future, ” Shashua said in a filing.
Detailed explanation-3: -The largest acquisition for an Israeli high-tech company came about today, March 13, when US chip giant Intel announced its $15.3 billion purchase of Mobileye collision-avoidance technology supplier.
Detailed explanation-4: -Shai Shalev-Shwartz was promoted to CTO in 2019. In March 2017, Intel announced that it would be acquiring Mobileye for $15.3 billion-the biggest-ever acquisition of an Israeli tech company.
Detailed explanation-5: -Intel bought Israel-based Mobileye for $15.3 billion in 2017. Mobileye, founded in 1999, builds chips, hardware and software for self-driving cars and advanced safety features like lane-keeping and driver assistance. Intel is currently going through a transformation in its core business of making computer chips.