13 novembre 2017

Auto tech startups struggle to gain traction

WHY AUTO TECH STARTUPS HAVEN’T BEEN A HOT INVESTMENT LATELY: 240 different startups focused on connected and autonomous car technologies have raised just over $5 billion from both corporate and private investors in recent years, according to a new Reuters analysis of funding in the space. But that is just a fraction of the money that has been spent on these technologies — Reuters estimated that automakers and tech giants have collectively spent $40-50 billion on developing autonomous and semi-autonomous car technologies.... [Lire la suite]
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24 mars 2017

Why Intel Bought Mobileye

Why Intel Bought Mobileye "As you’ve heard me say, others predict the future. At Intel, we build it," Intel CEO Brian Krzanich wrote in a letter to employees. On Monday, Intel bought it. Intel, the world's largest chipmaker, announced it will acquire Mobileye, a leading automotive supplier of sensor systems that help prevent collisions, for $63.54 per share, which has a fully-diluted equity value of $15.3 billion and an enterprise value of $14.7 billion. The deal has left some scratching their heads such as Citron... [Lire la suite]