Mobileye
Mobileye Global Inc. is an Israeli autonomous driving company. It is developing self-driving technologies and advanced driver-assistance systems (ADAS) including cameras, computer chips, and software. Mobileye was acquired by Intel in 2017 and went public again in 2022.
Some of the key events about Mobileye
- 1999Founded as a startup in Israel to develop advanced driver-assistance systems
- 2004Launched its first product, a forward collision warning system
- 2007Introduced the world's first pedestrian detection system for automobiles
- 2010Developed the first camera-based traffic sign recognition system
- 2013Released its fifth-generation system-on-chip, EyeQ5, for autonomous driving
- 2014Achieved the largest Israeli IPO in U.S. history, raising $890 million
- 2015Faced criticism for potential security vulnerabilities in their advanced driver-assistance systems
- 2016Partnered with BMW and Intel to develop fully autonomous vehicles
- 2016Ended partnership with Tesla following a fatal crash involving a vehicle using Mobileye technology
- 2017Acquired by Intel for $15.3 billion, the largest acquisition of an Israeli tech company
- 2017Encountered controversy over the terms of their acquisition by Intel for $15.3 billion
- 2018Delayed the launch of their self-driving technology due to technical challenges
- 2019Launched a robotaxi service in China in partnership with SAIC Motor Corp
- 2019Received backlash for testing autonomous vehicles on public roads without proper permits in New York City
- 2020Experienced setbacks in their autonomous vehicle program due to the COVID-19 pandemic
- 2021Faced scrutiny over the safety of their driver-assistance technology following a crash in China
- 2022Spun off from Intel and went public again, raising $861 million in its IPO
- 2022Delayed their planned initial public offering (IPO) due to market volatility
- 2023Encountered regulatory challenges in Europe regarding the use of their driver-monitoring systems
- 2023Faced criticism for overstating the capabilities of their autonomous driving technology in marketing materials
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
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