2017-03-13
6th+ edition of the 5th year of SmartDrivingCars
Intel to Buy Mobileye, Maker of Sensors for Self-Driving Cars, for $15.3 Billion
M. Scott, Mar 13, "Intel agreed on Monday to buy Mobileye, an Israeli technology company that specializes in making sensors and cameras for autonomous cars, for $15.3 billion, as the global microchip giant tries to expand its reach in the fast-growing sector....As part of the deal, Intel said it would buy Mobileye's outstanding shares at $63.54 a share, a 34 percent premium to Mobileye's closing price on Friday....
Intel's deal for Mobileye seems to be a recognition that chip-making rivals like Nvidia and Qualcomm have moved slightly ahead in the race to provide the computing power needed for autonomous cars... Intel said it would continue investing in the autonomous-driving industry, a sector that it said would be worth about $70 billion by 2030..." Read more
Hmmm... The hits keep coming! Friday..the California Regs welcoming Driverless; Monday... this. Tomorrow... nVIDIA???? Alain
Robot cars — with no human driver — could hit California roads next year
R. Mitchell, Mar 10, "California is back on the map as a state that's serious about welcoming driverless cars.Truly driverless cars — vehicles with no human behind the wheel, and perhaps no steering wheel at all — are headed toward California streets and highways starting in 2018...
The regulations lay out "a clear path for future deployment of autonomous vehicles" in California, said Bernard Soriano, deputy director at the Department of Motor Vehicles...." Read more
Hmmm... Congratulations Bernard! This is fantastic news on the road to providing high-quality mobility for all. It squarely addresses the fundamental need to efficiently re-position vehicles so that they can get to even those who can't drive. This is a real turning point for automated vehicles from self-driving toys for the 1% to affordable, environmentally friendly mobility for everyone. Alain
This list is maintained by Alain Kornhauser and hosted by the Princeton University LISTSERV.
Mailto:alaink@princeton.edu
This list is maintained by Alain Kornhauser and hosted by the Princeton University LISTSERV.