Intel acquires Mobileye (2017)
Intel agreed in March 2017 to pay US$15.3 billion for Mobileye, an Israeli supplier of camera-based driver-assistance systems. Mobileye sold the 'eyes' of autonomous vehicles to automakers rather than building cars itself.
The acquisition gave Intel an instant position in autonomous driving and produced a large return for Mobileye's investors.
Mobileye returned to public markets in 2022, showing that perception-component suppliers can capture large value in an autonomy boom.
Mech-Mind is running the same play for robots: selling standardized eyes, brains, and hands to robot makers instead of competing with them.
