Intel Corp. said Monday that it will spend more than $15 billion to acquire Israel’s Mobileye NV, a software maker that processes the information cars see from cameras and sensors. It’s the latest example of a major tech company making a splash in the race to develop autonomous vehicles.
Here’s a quick rundown of who’s working with whom:
Intel (HERE, BMW, Daimler, Audi, Mobileye)
— Intel Corp. acquired a 15-percent stake in HERE, a digital mapping service, in January. Nokia Corp. sold HERE to German automakers Daimler AG, BMW AG and Audi AG in 2015 for $3.1 billion.
— BMW teamed up with Intel and Mobileye in July 2016 to build and commercialize self-driving vehicles by 2021. BMW’s iNext electric sedan will serve as the platform for the technology. BMW says the partnership will proceed as Intel and Mobileye combine.
Uber (GM, Volvo, Daimler, Otto, Didi, Toyota)
— Ride-hailing company Uber Technologies announced a partnership with Daimler AG in January. Daimler, which makes Mercedes-Benz vehicles, plans to supply autonomous cars to Uber’s network in the future.
— General Motors Co. partnered with Uber in November 2016. GM is renting cars to Uber drivers through the deal.
— Volvo Cars signed a $300 million deal with Uber in August 2016. Volvo is providing vehicles for research and for Uber’s semi-autonomous taxi fleet in Pittsburgh.
— Uber bought Otto, a startup that has developed self-driving software for big rigs, for $680 million in August 2016.
— Uber sold its China business to Chinese ride-hailing company Didi Chuxing in August 2016 in exchange for an 18-percent stake in Didi. Didi invested $1 billion in Uber as part of the deal.
— Toyota Motor Corp. bought a small stake in Uber in May 2016.
General Motors (Lyft, Cruise Automation)
— General Motors Co. invested $500 million in ride-hailing company Lyft Inc. in January 2016. The companies are…
Source: Mobile Tech Today