Intel Stumps Up $15.3B To Get Into The Driverless Car Market

X

As PC sales slump and AMD looks to strip share in the PC gaming market, Intel has moved get a seat in the driverless car market with the US$15.3bn acquisition of Mobileye an Israeli company, which develops “autonomous driving” systems.Mobileye and Intel are currently working together, along with German carmaker BMW and 27 other automotive brands, to put 40 test vehicles on the road in the second half of this year.


8gm615wm embeded image 1 Intel Stumps Up $15.3B To Get Into The Driverless Car Market

The business currently controls two thirds of the market for software that runs automatic emergency braking and semi-autonomous cruise control systems already fitted to cars and trucks.
Announcing the deal, Intel said that as cars “progress from assisted driving to fully autonomous, they are increasingly becoming data centres on wheels”.
The chipmaker reckons that by 2020 driverless cars will generate 4,000 GB, or 4 terabytes, of data a day that can be mined for information.
Betsy Van Hees, analyst at Loop Capital Markets told the BBC, that Intel had very little presence in the automotive market, “so this is a tremendous opportunity for them to get into a market that has significant growth opportunities”.

HAR1188 TechMedia CH6 728x90 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
AEG Oven Display 729 x 90 px Intel Stumps Up $15.3B To Get Into The Driverless Car Market
appliance retailer leaderboard may 728x90 Hitachi updated Intel Stumps Up $15.3B To Get Into The Driverless Car Market
1 4 Square Media 728 x 90 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
FX9 728x90 1 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
728 x 90 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
728x90px 1 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
728x90 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
251120 SAV leaderboard Intel Stumps Up $15.3B To Get Into The Driverless Car Market
SECURE ROLLOUT AUDIO 728x90 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
GOTHAM 728px x 90px Intel Stumps Up $15.3B To Get Into The Driverless Car Market
3005 25 Q4 AspireAI 728x90 1 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
Uniden ChannelNews SoloX2Kpro Oct2025 728x90 1 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
728x90 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
Hand Mixer 728 x 90 px Intel Stumps Up $15.3B To Get Into The Driverless Car Market
Olimpia Splendid Unico Cooling 728x90 1 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
Klipsch ProMedia Lumina Channelnews Ad Banner 4 728x90 1 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
BlueAnt 4SQM PumpAirUltra 728x90px Intel Stumps Up $15.3B To Get Into The Driverless Car Market
0906 SMARTHouse 728x90px FA Intel Stumps Up $15.3B To Get Into The Driverless Car Market
4Square 728x90 1 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
HAIER Series 600 FLW HPD Pairs 728x90 1 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
728x90 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
PAN1842 MW 728X90 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
OP 2 728x90 1 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
CN 728 x 90 Intel Stumps Up $15.3B To Get Into The Driverless Car Market
Px8S2 McLaren Edition Digital Banner 728 x 90px Oscar Intel Stumps Up $15.3B To Get Into The Driverless Car Market
Hisense KV BannerAd 728 90 Intel Stumps Up $15.3B To Get Into The Driverless Car Market


YOU MAY ALSO LIKE