Intel acquiring Mobileye's self-driving car technology in $15 billion deal

Intel is acquiring Mobileye, a company that specializes in chips for vision-based autonomous vehicles. The Marker and Axios first reported the deal, valued at $15.3 billion, and it will see Intel take over some key technology for its ambitions to lead autonomous cars. BMW, Intel, and Mobileye have all partnered to deploy 40 autonomous vehicles for testing on public roads later this year. Intel and Mobileye’s technology is to be tested on roads in the US and Europe.Intel’s acquisition