Autonomous vehicle technology is all the rage right now, and that’s being reflected in the valuations that both start-ups and established companies are fetching. The latest move in the space is today’s announcement that Intel (NASDAQ: INTC) is acquiring Israel-based Mobileye (NYSE: MBLY) in a blockbuster $15.3 billion deal that will immediately and dramatically expand Intel’s position in the market for autonomous vehicle technology while giving the chip giant relationships with over a dozen of the most prominent automakers in the world.