The Traderszone Network

Published in TZ Latest News 10 August, 2017 by The TZ Newswire Staff

Why Intel and Mobileye Are Building 100 Self-Driving Cars

Intel (NASDAQ: INTC) said this week that it has completed its tender offer for shares of Mobileye (NYSE: MBLY), the Israeli maker of advanced driver-assist systems that is seen as a leader in the emerging field of self-driving cars. 

Officially, Intel’s purchase of Mobileye probably won’t be a done deal for another few weeks. But Intel and its soon-to-be subsidiary are already getting to work. 

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