Intel Looking to Buy Moovit for $1B to Boost Autonomous Car Development
"In a deal estimated to be valued at close to the US $1 billion, Intel is targeting to acquire Moovit, an AI start-up that tracks traffic and provides mobile applications to 800 million people globally. Moovit could become a part of Intel’s Israeli automotive hub Mobileye - an autonomous driving enterprise that Intel acquired for $15 billion in 2017" - Vinay Piparsania
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May 5, 2020
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