History of Mobileye
Mobileye is an Israeli technology company that has revolutionized the automotive industry with its advanced driver-assistance systems (ADAS) and autonomous driving technology. Founded in 1999 by Amnon Shashua and Ziv Aviram, Mobileye initially focused on developing algorithms for detecting obstacles in images captured by cameras. The company quickly gained traction with its innovative approach to vision-based driver assistance, leading to partnerships with major automakers like BMW and General Motors.
One of Mobileye's key breakthroughs came in 2007 with the introduction of its EyeQ system-on-chip (SoC), which integrated image processing algorithms onto a single chip, significantly reducing the cost and complexity of ADAS implementation. This paved the way for widespread adoption of Mobileye's technology in vehicles worldwide. Over the years, Mobileye continued to refine its products, enhancing features such as lane departure warning, pedestrian detection, and adaptive cruise control.
In 2017, Intel Corporation acquired Mobileye for a staggering $15.3 billion, marking one of the largest acquisitions in the automotive technology sector. Under Intel's ownership, Mobileye has continued to expand its portfolio, focusing on the development of autonomous driving solutions. The company aims to bring fully autonomous vehicles to market, leveraging its expertise in computer vision, machine learning, and sensor fusion. Mobileye's innovations have played a significant role in shaping the future of transportation, with its technology poised to enhance safety and efficiency on roads around the world.