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Posts Tagged ‘Mobileye’

Intel Buying Smart Car Tech Firm Mobileye for $15.3b

Move positions chipmaker as key player in smart, driverless cars.

by on Mar.13, 2017

Based in Jerusalem, Mobileye was founded in 1999.

U.S. computer chip and processor giant Intel will acquire the Israeli smart car tech firm Mobileye in a deal valued at $15.3 billion.

Supplying such automotive giants as General Motors and Volkswagen AG, Mobileye is one of the key producers of the onboard vision systems that anchor current advanced driver assistance systems – as well as tomorrow’s autonomous vehicle technology. The acquisition will help position Intel as a major player in the development of smart and driverless car systems.

Tech News!

“The acquisition of Mobileye completes a virtuous circle of growth,” Intel CEO Brian Krzanich said during a conference call on Monday morning, adding that he sees a natural fit between the two companies, combining the “eyes of the autonomous car with the intelligent brain that actually drives the car.”

(more…)

Delphi, Mobileye Partner on Driverless Vehicle Tech

Partners want to have both fully autonomous and driverless vehicles on the road by 2019.

by on Aug.23, 2016

The first of the Delphi autonomous prototypes will be a modified Audi SQ5. Delphi and Mobileye will show off their new system at CES.

In the latest in a burst of announcements aimed at bringing fully autonomous, and even driverless, vehicles to market, automotive mega-supplier Delphi is teaming up with the high-tech Israeli firm Mobileye.

The two tech firms plan to show off their system during a preview at the Consumer Electronics Show in Las Vegas next January, and expect to have it ready for production as early as 2019. The news comes a week after Ford Motor Co. said it would begin building a fully driverless vehicle for use by car-sharing and delivery services in 2021.

Product News!

“Our partnership with Delphi will accelerate the time to market and enable customers to adopt Level 4/5 automation without the need for huge capital investments, thereby creating a formidable advantage for them,” said Amnon Shashua, chairman and chief technology officer at Mobileye. (more…)

Who Wants to Be a Doctor? Israel Breeding Generation of Entrepreneurs

From traffic apps to refillable batteries.

by on May.24, 2016

Waze, a traffic app developed by an Israeli start-up, was purchased by Google for $1 billion.

Working out of a nondescript office building in a suburb of Tel Aviv, a small Israeli start-up has reinvented the wheel. No, the softwheel isn’t square or triangular, but replaces traditional spokes or hubs with three shock absorbers.

“It started as an accident,” says Daniel Barel, the CEO of Softwheel, admitting the original plan was to come up with a better wheelchair capable of going up and down stairs. Threatened with the likelihood of having its funding pulled and the company shut down, Softwheel’s engineers came up with the breakthrough that could also be used for bicycles, motorcycles and possibly even automobiles.

Mazel Tov!

It might have been an accident, but it wasn’t dumb luck, but rather the sort of innovation that has been coming out of Israel with ever-increasing frequency in recent years as the country shifts from a traditional, agricultural economy to one based more and more on high technology. It’s something the consumer electronics industry has come to depend on, and now the global auto industry is turning to Israel’s entrepreneurs and engineers, as well. (more…)

New Bus Tech Could Save Pedestrian Lives

New technology could cut down rising number of pedestrian-bus crashes.

by on May.23, 2016

The Mobileye Shield Plus helps eliminate the blind spots on city buses, which can lead to accidents.

More than 2,000 new buses will be rolling out across New York City in the months ahead. Designed to be more reliable and fuel-efficient, they’ll also offer a number of new amenities for passengers, including free WiFi.

But they won’t come with some of the safety features increasingly common on today’s passenger cars, such as blind-spot detection. That’s a big problem, safety advocates warn, considering bus crashes are one of the reasons why the U.S. saw a roughly 15% increase in pedestrian fatalities last year.

Safety News!

The good news is that the city’s mass transit authority, the MTA, will soon begin testing several new technologies that could reduce all sorts of bus crashes, including impacts with pedestrians who often cannot be seen by drivers as they turn corners because of the vehicles’ large blind spots. (more…)

Michigan, Israel Join Forces in Advancement of Autos

New alliance may speed progress of EVs, safety technology.

by on Oct.30, 2014

Michigan Gov. Rick Snyder and Consul General of Israel to the Midwest Roey Gilad signed an agreement to promote joint industrial research and development projects.

Aside from having reputations for being tough, resolute and gritty, the State of Michigan and Israel are adding a new entry to their list of descriptors: technology leaders.

The Michigan Economic Development Corp. and the Israeli Ministry of Economy are partnering to form the Michigan-Israel Technology Connect program to spawn new ideas for electric vehicles and driver protection.

The Automotive Journal of Record!

Using their respective networks and databases, the MEDC and MATIMOP, the Israeli Center for R&D, will help companies identify potential partners for this program. In addition, it is anticipated that companies will be seeking their own partners independently. Each project will require one partner based in Michigan and another based in Israel. (more…)