Intel CEO Sees More ‘Partners Signing Up’ for Mobileye Self-Driving Platform

Intel’s all-cash $15.3 billion deal to buy Mobileye last year (see 1703130015) was "one of our most strategic acquisitions we've made in quite a while now," CEO Brian Krzanich told Intel’s annual shareholder meeting Thursday. The purchase “is really focused on autonomous driving and really driving a scalable platform that is cost effective and includes a very different approach for how you take a safety-first, safety-centered approach to autonomous driving,” said Krzanich. “We now have these cars driving on the streets and you'll continue to see more and more of the cars driving and partners signing up for Mobileye technology to carry us forward in the autonomous driving marketplace.”