Intel said it’s buying Mobileye, the Israeli firm develops technology used in autonomous vehicles.
In a release announcing the deal, Intel said the agreement is expected to “accelerate innovation for the automotive industry” and “position Intel as a leading technology provider in the fast-growing market for highly and fully autonomous vehicles.”
Intel has a significant presence in the Valley. To talk about how this deal could impact the region is Chris Camacho, president and CEO of the Greater Phoenix Economic Council.
