Why Intel is paying $15 billion for Mobileye

Think of your future car as a rolling computer. [Read More]

Summary… * Machine-Made

That’s why #Intel — known for its chips, data centers and computing capabilities — just bought self-driving tech supplier Mobileye for $15 billion.
#Intel and Mobileye together would be able to marry the data-crunching needs with sensor tech.
Mobileye made $121 million in operating profit last year, making #Intel’s $15 billion purchase price 124 times its profit.
For Mobileye, #Intel’s appeal was threefold.
Lastly, by absorbing #Intel’s automotive team, Mobileye can continue to work directly with its many partners.

Opinion… * Man-Made

This #Intel acquisition makes sense, as cars are “data centers on wheels” (generating 4TB of data a day). #Trend

Source: Recode