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.
mobileye

Some of the key events about Mobileye

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