Intel Buys Israeli Start-Up MobilEye For Whopping $15.3 Billion

Buyout is the largest exit ever for an Israeli hi-tech company; expected to give Intel big lead in autonomous cars

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The above video gives a little background on the Israeli start-up MobilEye.

The company’s patented sensor technology is highly coveted amongst those in the autonomous car industry.

Intel’s offer of $15.3 billion to buy MobilEye is the largest exit ever for an Israeli hi-tech company.

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