Intel’s $15.3 billion buyout of advanced driver assistance system (ADAS) maker Mobileye will help advance an alliance between the two companies and BMW, which plans to ship self-driving cars by 2021.
The sale also buttresses a decision by Mobileye to favor BMW with its vehicle vision chip technology (called EyeQ) over Tesla, according to a new report. Mobileye is already planning its fifth generation of EyeQ technology.
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Source: News Feed