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In The Press 2017-11-07T10:45:00+00:00

18 October 2017

Need to Boost Your Share Price? Acquire a Tech Company

Klaus Schwab, Founder and Executive Chairman, World Economic Forum The “Fourth Industrial Revolution” that Klaus Schwab refers to is based on one thing?-?technology. Technology not as more modern computer chips, sensors, mobile devices, apps or social networks.

7 September 2017

Is the insurance industry ready for the challenge of InsurTech?

It took a little bit longer than in other sectors, but technology is now starting to disrupt the insurance industry. InsurTech is now firmly on the minds of entrepreneurs, investors, and corporates. In fact, according to Google, searches for ‘InsurTech’ are trending strongly up, and have doubled over the last six months.

22 August 2017

Is there a future for lab grown meat?

In 2012, we reported on the first meat grown in a lab, which used stem cells from cows to grow strips of muscle tissue that was turned into mince and made into a burger. So now, in 2017, how has the industry advanced? Is it an economically viable future for our food?

8 August 2017

Will Lab-Grown Meat Overtake The Animal Agriculture Industry? | Care2 Causes

We’re rocketing toward a future where we can have meat without slaughtering millions of animals. It’s a dream that threatens the animal agriculture industry and provides hope for farm animals around the world. And this dream is coming to life inside a laboratory.

26 July 2017

Is lab meat an existential threat to the animal feed industry?

Will an acceleration in the meat reduction trend and the hunt for substitutes spell eventual doom for the feed sector and the livestock industry it serves? Yes, says Paul Cuatrecasas, CEO of Aquaa Partners. He claims there is increasing evidence that the future could be, largely, meat-free.

26 July 2017

Laboratory-grown meat is coming, but are farmers ready?

OPINION: Evidence is mounting that lab-grown meat will make up a significant part of our diet in 10 or 15 years. Last month Hampton Creek announced its plans to bring lab meat to supermarkets as soon as next year. Similar supermarket roll-outs are planned by Mosa Meat and Memphis Meats.

18 July 2017

Hostile Takeover 2.0 – Paul Cuatrecasas – Medium

B etween the 1960s and 1980s, the “hostile takeover” became a popular form of corporate activism. It was fueled by a greed for immediate growth and used high PE multiple shares as currency or newly discovered junk bond money.

27 June 2017

Wholesalers: prepare for disruption

Amazon’s acquisition of Whole Foods Market shows it is determined to dominate all areas of retail. The deal precipitated a collapse in the share price of the world’s supermarkets, with Walmart’s dropping 6% in the US, and Tesco and Sainsbury’s down 3% in the UK.

21 June 2017

Amazon Bought Whole Foods. This Is Just the Beginning of the New World Order

On Friday, news broke that Amazon-the web giant/entertainment company that bought The Washington Post in 2013-will acquire Whole Foods for $13.7 billion. Amazon benefits by being able to use its data analysis and automation tech to lure more customers to the grocer, while also turning the 460 Whole Foods stores in the U.S., U.K., and Canada into distribution hubs and pickup centers for online orders.

17 June 2017

Silicon Valley’s acquisition targets aren’t just in tech anymore

For once, the target of an extravagant tech industry acquisition wasn’t a small start-up unfamiliar outside of Silicon Valley, but a household name. Few foresaw Amazon.com reaching an agreement Friday to buy grocery store Whole Foods for $13.7 billion.

16 June 2017

Automaker to techie: ‘C’mon, if you’re hard enough!’ | TU-Automotive

Carmakers should not fear a head-to-head conflict with Silicon Valley giants eyeing up growth potential in the tech-focused auto industry of the future. That’s the firm belief of Paul Cuatrecasas, CEO at the mergers and acquisition advisory specialists, Aquaa Partners.

16 June 2017

Amazon to buy Whole Foods Market in deal valued at $13.7 billion

Amazon.com jolted the grocery industry Friday when it announced plans to buy Whole Foods Market, introducing new uncertainty to a sector already struggling to keep up with growing competition. The $13.7 billion deal heightens a years-long battle between Amazon, the Internet darling, and powerhouse merchants such as Walmart, which recently beefed up its online operations with a $3.3 billion purchase of an Amazon competitor.

16 June 2017

Amazon buying Whole Foods in $13.7B deal

Online behemoth Amazon, one of the Lehigh Valley’s largest employers, is adding Whole Foods Market to its shopping cart. Amazon is forking over $13.7 billion in cash to buy the Austin, Texas, organic foods supermarket chain, which has more than 460 stores across the globe, including a supermarket it opened in late September at Hamilton Crossings shopping center in Lower Macungie Township.

16 June 2017

Amazon to buy Whole Foods Market in deal valued at $13.7 billion

Amazon.com jolted the grocery industry Friday when it announced plans to buy Whole Foods Market, introducing new uncertainty to a sector already struggling to keep up with growing competition. News of the deal sent shares of rival grocers plummeting as investors tried to digest the implications of an Amazon-backed grocery chain.

07 June 2017

Wholesalers face a valley of death – unless they change quickly

T he wholesale industry in Europe and the US has been slow to adopt new technology. While other sectors have been going through rapid?-?and accelerating?-?change, companies in the wholesale and business-to-business (B2B) distribution sector have generally held firm to traditional ways of doing business.

23 May 2017

Agricultural Giants Risk Being Left Behind in Agtech Boom – AgFunderNews

There’s a real risk that the biggest agricultural companies in the world right now might not be the same in 10 years’ time. That doesn’t have to be the case, but if you look at the data, it’s not hard to imagine it happening, writes Paul Cuatrecasas.

12 May 2017

Ignore Cloudera: tech startup acquisitions aren’t about price, they’re about company fit

T he recent spate of scare stories about declining prices in the tech sector are not only wrong?-?they are irrelevant. If you’re a corporate investor looking to acquire a startup, this latest round of media noise, gossip, and chitchat is distracting.

02 May 2017

Banks should not invest in FinTech startups – they should acquire them

The behemoths of the banking world – from Goldman Sachs to JP Morgan to Deutsche Bank – are now technology companies.

30 April 2017

Corporate CEOs have failed to engage with startups

It’s time for corporate boards to add “startup engagement” to their CEOs’ job descriptions. CEOs know it’s important to engage with startups, but startlingly few seem to do it themselves. Too often this critical responsibility is shrugged off to other company departments, including innovation, business development, marketing, and PR.

21 April 2017

The best thing PetSmart can do with Chewy.com? Leave it alone – Phoenix Business Journal

Chewy.com is known for its great customer service, and pet owners are fearful that may change. When PetSmart reportedly acquired South Florida-based online pet product retailer Chewy.com for $3.35 billion, the Phoenix-based legacy pet retailer strengthened its digital foresight, staving off the downfall that other brick-and-mortar retailers have experienced.

19 April 2017

Why PetSmart paid more than a third of its worth to acquire an e-commerce company – Phoenix Business Journal

While brick-and-mortar retailers across the board are being crippled by e-commerce, PetSmart just does acquisitions. While most brick-and-mortar retailers are getting crippled by the constant rise of e-commerce, PetSmart has found a solution: acquisitions. The Phoenix-based pet retailer has just acquired South Florida-based online pet product retailer Chewy.com, which employs more than 5,000 people across the country.

19 April 2017

Zulily co-founder Mark Vadon strikes e-commerce gold yet again as pet supply retailer Chewy sells for $3.35B

E-commerce pioneer Mark Vadon, who helped transform the way people buy engagement rings with Blue Nile and kids clothes with Zulily, has done it again. This time in pet supplies. Reports surfaced yesterday that PetSmart was paying a whopping $3.35 billion for Chewy, a six-year-old online retailer of dog food, squeaky toys and other pet supplies.

29 March 2017

Focus: ‘Amazon did not come to the region for Souq.com alone’

Ecommerce experts say retailers will have to up their game following Amazons acquisition of the UAE online retailer this week Ecommerce experts say retailers will have to up their game following Amazons acquisition of the UAE online retailer this week2

29 March 2017

29 March 2017

Emaar Malls’ Souq.com Bid to Limit Amazon’s Regional Growth – Live Trading News

Emaar Malls’ Souq.com Bid to Limit Amazon’s Regional Growth $AMZN Emaar Malls has submitted an $800-M bid to acquire Souq.com Emaar Malls’ “competitive” bid for UAE-based e-Commerce retailer Souq.com could help the traditional retailer prevent Amazon’s immediate entry into the regional market, according to an analyst.

28 March 2017

Amazon announces agreement to buy Souq.com | The National

Amazon, the world’s biggest online retailer, yesterday confirmed its acquisition of Souq.com, the Middle East’s biggest online retailer. The US online juggernaut did not reveal the terms of the deal, so it is not yet known whether the price paid exceeded the last-minute US$800 million tabled by Emaar Malls.

28 March 2017

Nvidia wants to drive the autonomous future

“My other car drives itself” is emblazoned on a lime-green bumper sticker that Nvidia hands out to its employees, who number some 10,000 worldwide, almost half of them at its sprawling Santa Clara campus. “Whether a car, truck or shuttle, they’re all trying to accomplish the same task: replace a human behind the wheel,” said Danny Shapiro, Nvidia senior director of automotive.

28 March 2017

Amazon announces acquisition of UAE-based Souq.com – Gulf Business

US online shopping giant Amazon has confirmed an agreement to acquire UAE-based e-commerce site Souq.com, signalling a rejection of a last minute approach by Dubai’s Emaar Malls. On Monday, the shopping centre group and owner of Dubai Mall announced a bid of $800m for Souq.com in what some analysts considered an attempt to prevent Amazon’s immediate entry into the Middle East market following reports of a deal last week.

28 March 2017

Emaar Malls’ Souq bid could help limit Amazon’s regional growth – analyst – Gulf Business

Emaar Malls’ “competitive” bid for UAE-based e-commerce retailer Souq.com could help the traditional retailer prevent Amazon’s immediate entry into the regional market, according to an analyst. Dubai-listed Emaar Malls confirmed on Monday that it had submitted an $800m bid to acquire Souq.com. The bid has not yet been accepted.

24 March 2017

Don’t worry, startup world is doing well?-?despite what some people say

Y ou hear a lot of negativity about tech startups these days. Overvalued companies, saturated markets, a dangerous deal-making plateau. Headlines that make sweeping statements about the health of the whole sector based on single examples. The truth is that the startup-tech world is very healthy.

21 March 2017

Walmart launches new tech startup incubator, as e-commerce war with Amazon heats up – TechRepublic

Walmart is launching a new startup incubator as it pushes further into tech to enhance its e-commerce services and help it better compete with other online retailers such as Amazon. The incubator, named Store No. 8, will partner with venture capitalists, startups, and academic institutions to develop new retail tech in robotics, virtual and augmented reality, machine learning, and artificial intelligence.

16 March 2017

Chip smart per le auto del futuro: accordo tra Nvidia e Bosch

Le due aziende hanno avviato una collaborazione per sviluppare tecnologie di guida autonoma, basandosi sulla piattaforma Drive Px, dotata di algoritmi di deep learning e di reti neurali. Il componente dovrebbe garantire veicoli driverless di livello quattro, che corrisponde al penultimo grado della scala verso l’automatismo totale.

15 March 2017

Nvidia And Bosch Teaming Up To Make Computer Brains For Automated Cars

On the heels of Intel’s $15.3 billion plan to buy computer vision powerhouse Mobileye to lock in a big piece of the automated car tech market, Nvidia and Bosch are teaming up to make an AI-enabled computer that can be mass-produced to serve as the brains for driverless vehicles.

14 March 2017

Banks should stop fighting toe-to-toe with startups – and start buying them up instead

This week Atom Bank?-?the UK’s first bank built exclusively for mobile?-? raised around $100 million from a coterie of investors, including BBVA, the second largest bank in Spain. While BBVA has thrown its lot in with the Fintech “disruptors”, many other established banks still haven’t fully committed themselves to a Fintech future.

13 March 2017

Intel revs into self-driving-car business with $15.3B deal to buy Mobileye

The deal to buy the maker of camera systems for autonomous vehicles improves Intel’s competitive position against other tech leaders in the driverless-car business. Share story SAN JOSE, Calif. – Intel is accelerating into the self-driving-car business with a $15.3 billion deal to buy Mobileye, in one of the biggest deals so far for the autonomous-vehicle industry and the chipmaker.

13 March 2017

Intel to pay $15.3 billion for Mobileye in major self-driving deal

In the biggest deal yet in the race to build driverless cars, Intel is paying $15.3 billion for Mobileye, an Israeli company that makes sensors to help autonomous vehicles perceive the world around them. “This acquisition essentially merges the intelligent eyes of the autonomous car with the intelligent brain that actually drives the car,” said Brian Krzanich, Intel CEO, in an email to Intel employees.

13 March 2017

Intel accelerates into self-driving car business with $15.3 billion deal to buy Mobileye

Intel is accelerating into the self-driving car business with a $15.3 billion deal to buy Mobileye, in one of the biggest deals so far for the autonomous-vehicle industry and the chipmaker. The deal improves Intel’s competitive position against other tech leaders in the driverless-car business, such as Tesla, Uber and Google parent Alphabet.

13 March 2017

Intel buys driverless car company Mobileye for $15bn in record-breaking deal

Intel is acquiring self-driving technology company Mobileye as it gears up plans to put a fleet of autonomous vehicles on the road this year. The American chipmaker announced it will purchase the company for $15.3bn (£12.5bn) in a record breaking deal that marks the highest price paid for an autonomous driving specialist and for an Israeli tech company.

1 March 2017

Ford is showing other car companies how to take the fight to Silicon Valley

Add to favorites Has Silicon Valley lost the race against the big auto companies to create autonomous cars? James McElroy wrote an article for Autoblog last week saying just that. I think it’s much too early to say for sure. A lot can change very quickly in technology.

29 August 2017

IoT disruption means blue-chip companies need to buy, not partner

The Internet of Things is changing the world. It’s forcing big corporates to reassess their direction and future, and as a result many are rushing headlong into partnerships with tech startups, desperate to get a foothold in the market. Partnering can seem like a good idea. It’s relatively quick, easy and usually painless.

8 August 2017

Will Lab-Grown Meat Overtake The Animal Agriculture Industry? | Care2 Causes

We’re rocketing toward a future where we can have meat without slaughtering millions of animals. It’s a dream that threatens the animal agriculture industry and provides hope for farm animals around the world. And this dream is coming to life inside a laboratory.

26 July 2017

Is lab meat an existential threat to the animal feed industry?

Will an acceleration in the meat reduction trend and the hunt for substitutes spell eventual doom for the feed sector and the livestock industry it serves? Yes, says Paul Cuatrecasas, CEO of Aquaa Partners. He claims there is increasing evidence that the future could be, largely, meat-free.

26 July 2017

Laboratory-grown meat is coming, but are farmers ready?

OPINION: Evidence is mounting that lab-grown meat will make up a significant part of our diet in 10 or 15 years. Last month Hampton Creek announced its plans to bring lab meat to supermarkets as soon as next year. Similar supermarket roll-outs are planned by Mosa Meat and Memphis Meats.

18 July 2017

Hostile Takeover 2.0 – Paul Cuatrecasas – Medium

B etween the 1960s and 1980s, the “hostile takeover” became a popular form of corporate activism. It was fueled by a greed for immediate growth and used high PE multiple shares as currency or newly discovered junk bond money.

27 June 2017

Wholesalers: prepare for disruption

Amazon’s acquisition of Whole Foods Market shows it is determined to dominate all areas of retail. The deal precipitated a collapse in the share price of the world’s supermarkets, with Walmart’s dropping 6% in the US, and Tesco and Sainsbury’s down 3% in the UK.

21 June 2017

Amazon Bought Whole Foods. This Is Just the Beginning of the New World Order

On Friday, news broke that Amazon-the web giant/entertainment company that bought The Washington Post in 2013-will acquire Whole Foods for $13.7 billion. Amazon benefits by being able to use its data analysis and automation tech to lure more customers to the grocer, while also turning the 460 Whole Foods stores in the U.S., U.K., and Canada into distribution hubs and pickup centers for online orders.

17 June 2017

Silicon Valley’s acquisition targets aren’t just in tech anymore

For once, the target of an extravagant tech industry acquisition wasn’t a small start-up unfamiliar outside of Silicon Valley, but a household name. Few foresaw Amazon.com reaching an agreement Friday to buy grocery store Whole Foods for $13.7 billion.

16 June 2017

Automaker to techie: ‘C’mon, if you’re hard enough!’ | TU-Automotive

Carmakers should not fear a head-to-head conflict with Silicon Valley giants eyeing up growth potential in the tech-focused auto industry of the future. That’s the firm belief of Paul Cuatrecasas, CEO at the mergers and acquisition advisory specialists, Aquaa Partners.

16 June 2017

Amazon to buy Whole Foods Market in deal valued at $13.7 billion

Amazon.com jolted the grocery industry Friday when it announced plans to buy Whole Foods Market, introducing new uncertainty to a sector already struggling to keep up with growing competition. The $13.7 billion deal heightens a years-long battle between Amazon, the Internet darling, and powerhouse merchants such as Walmart, which recently beefed up its online operations with a $3.3 billion purchase of an Amazon competitor.

16 June 2017

Amazon buying Whole Foods in $13.7B deal

Online behemoth Amazon, one of the Lehigh Valley’s largest employers, is adding Whole Foods Market to its shopping cart. Amazon is forking over $13.7 billion in cash to buy the Austin, Texas, organic foods supermarket chain, which has more than 460 stores across the globe, including a supermarket it opened in late September at Hamilton Crossings shopping center in Lower Macungie Township.

16 June 2017

Amazon to buy Whole Foods Market in deal valued at $13.7 billion

Amazon.com jolted the grocery industry Friday when it announced plans to buy Whole Foods Market, introducing new uncertainty to a sector already struggling to keep up with growing competition. News of the deal sent shares of rival grocers plummeting as investors tried to digest the implications of an Amazon-backed grocery chain.

07 June 2017

Wholesalers face a valley of death – unless they change quickly

T he wholesale industry in Europe and the US has been slow to adopt new technology. While other sectors have been going through rapid?-?and accelerating?-?change, companies in the wholesale and business-to-business (B2B) distribution sector have generally held firm to traditional ways of doing business.

23 May 2017

Agricultural Giants Risk Being Left Behind in Agtech Boom – AgFunderNews

There’s a real risk that the biggest agricultural companies in the world right now might not be the same in 10 years’ time. That doesn’t have to be the case, but if you look at the data, it’s not hard to imagine it happening, writes Paul Cuatrecasas.

12 May 2017

Ignore Cloudera: tech startup acquisitions aren’t about price, they’re about company fit

T he recent spate of scare stories about declining prices in the tech sector are not only wrong?-?they are irrelevant. If you’re a corporate investor looking to acquire a startup, this latest round of media noise, gossip, and chitchat is distracting.

02 May 2017

Banks should not invest in FinTech startups – they should acquire them

The behemoths of the banking world – from Goldman Sachs to JP Morgan to Deutsche Bank – are now technology companies.

30 April 2017

Corporate CEOs have failed to engage with startups

It’s time for corporate boards to add “startup engagement” to their CEOs’ job descriptions. CEOs know it’s important to engage with startups, but startlingly few seem to do it themselves. Too often this critical responsibility is shrugged off to other company departments, including innovation, business development, marketing, and PR.

21 April 2017

The best thing PetSmart can do with Chewy.com? Leave it alone – Phoenix Business Journal

Chewy.com is known for its great customer service, and pet owners are fearful that may change. When PetSmart reportedly acquired South Florida-based online pet product retailer Chewy.com for $3.35 billion, the Phoenix-based legacy pet retailer strengthened its digital foresight, staving off the downfall that other brick-and-mortar retailers have experienced.

19 April 2017

Why PetSmart paid more than a third of its worth to acquire an e-commerce company – Phoenix Business Journal

While brick-and-mortar retailers across the board are being crippled by e-commerce, PetSmart just does acquisitions. While most brick-and-mortar retailers are getting crippled by the constant rise of e-commerce, PetSmart has found a solution: acquisitions. The Phoenix-based pet retailer has just acquired South Florida-based online pet product retailer Chewy.com, which employs more than 5,000 people across the country.

19 April 2017

Zulily co-founder Mark Vadon strikes e-commerce gold yet again as pet supply retailer Chewy sells for $3.35B

E-commerce pioneer Mark Vadon, who helped transform the way people buy engagement rings with Blue Nile and kids clothes with Zulily, has done it again. This time in pet supplies. Reports surfaced yesterday that PetSmart was paying a whopping $3.35 billion for Chewy, a six-year-old online retailer of dog food, squeaky toys and other pet supplies.

29 March 2017

Focus: ‘Amazon did not come to the region for Souq.com alone’

Ecommerce experts say retailers will have to up their game following Amazons acquisition of the UAE online retailer this week Ecommerce experts say retailers will have to up their game following Amazons acquisition of the UAE online retailer this week2

29 March 2017

29 March 2017

Emaar Malls’ Souq.com Bid to Limit Amazon’s Regional Growth – Live Trading News

Emaar Malls’ Souq.com Bid to Limit Amazon’s Regional Growth $AMZN Emaar Malls has submitted an $800-M bid to acquire Souq.com Emaar Malls’ “competitive” bid for UAE-based e-Commerce retailer Souq.com could help the traditional retailer prevent Amazon’s immediate entry into the regional market, according to an analyst.

28 March 2017

Amazon announces agreement to buy Souq.com | The National

Amazon, the world’s biggest online retailer, yesterday confirmed its acquisition of Souq.com, the Middle East’s biggest online retailer. The US online juggernaut did not reveal the terms of the deal, so it is not yet known whether the price paid exceeded the last-minute US$800 million tabled by Emaar Malls.

28 March 2017

Nvidia wants to drive the autonomous future

“My other car drives itself” is emblazoned on a lime-green bumper sticker that Nvidia hands out to its employees, who number some 10,000 worldwide, almost half of them at its sprawling Santa Clara campus. “Whether a car, truck or shuttle, they’re all trying to accomplish the same task: replace a human behind the wheel,” said Danny Shapiro, Nvidia senior director of automotive.

28 March 2017

Amazon announces acquisition of UAE-based Souq.com – Gulf Business

US online shopping giant Amazon has confirmed an agreement to acquire UAE-based e-commerce site Souq.com, signalling a rejection of a last minute approach by Dubai’s Emaar Malls. On Monday, the shopping centre group and owner of Dubai Mall announced a bid of $800m for Souq.com in what some analysts considered an attempt to prevent Amazon’s immediate entry into the Middle East market following reports of a deal last week.

28 March 2017

Emaar Malls’ Souq bid could help limit Amazon’s regional growth – analyst – Gulf Business

Emaar Malls’ “competitive” bid for UAE-based e-commerce retailer Souq.com could help the traditional retailer prevent Amazon’s immediate entry into the regional market, according to an analyst. Dubai-listed Emaar Malls confirmed on Monday that it had submitted an $800m bid to acquire Souq.com. The bid has not yet been accepted.

24 March 2017

Don’t worry, startup world is doing well?-?despite what some people say

Y ou hear a lot of negativity about tech startups these days. Overvalued companies, saturated markets, a dangerous deal-making plateau. Headlines that make sweeping statements about the health of the whole sector based on single examples. The truth is that the startup-tech world is very healthy.

21 March 2017

Walmart launches new tech startup incubator, as e-commerce war with Amazon heats up – TechRepublic

Walmart is launching a new startup incubator as it pushes further into tech to enhance its e-commerce services and help it better compete with other online retailers such as Amazon. The incubator, named Store No. 8, will partner with venture capitalists, startups, and academic institutions to develop new retail tech in robotics, virtual and augmented reality, machine learning, and artificial intelligence.

16 March 2017

Chip smart per le auto del futuro: accordo tra Nvidia e Bosch

Le due aziende hanno avviato una collaborazione per sviluppare tecnologie di guida autonoma, basandosi sulla piattaforma Drive Px, dotata di algoritmi di deep learning e di reti neurali. Il componente dovrebbe garantire veicoli driverless di livello quattro, che corrisponde al penultimo grado della scala verso l’automatismo totale.

15 March 2017

Nvidia And Bosch Teaming Up To Make Computer Brains For Automated Cars

On the heels of Intel’s $15.3 billion plan to buy computer vision powerhouse Mobileye to lock in a big piece of the automated car tech market, Nvidia and Bosch are teaming up to make an AI-enabled computer that can be mass-produced to serve as the brains for driverless vehicles.

14 March 2017

Banks should stop fighting toe-to-toe with startups – and start buying them up instead

This week Atom Bank?-?the UK’s first bank built exclusively for mobile?-? raised around $100 million from a coterie of investors, including BBVA, the second largest bank in Spain. While BBVA has thrown its lot in with the Fintech “disruptors”, many other established banks still haven’t fully committed themselves to a Fintech future.

13 March 2017

Intel revs into self-driving-car business with $15.3B deal to buy Mobileye

The deal to buy the maker of camera systems for autonomous vehicles improves Intel’s competitive position against other tech leaders in the driverless-car business. Share story SAN JOSE, Calif. – Intel is accelerating into the self-driving-car business with a $15.3 billion deal to buy Mobileye, in one of the biggest deals so far for the autonomous-vehicle industry and the chipmaker.

13 March 2017

Intel to pay $15.3 billion for Mobileye in major self-driving deal

In the biggest deal yet in the race to build driverless cars, Intel is paying $15.3 billion for Mobileye, an Israeli company that makes sensors to help autonomous vehicles perceive the world around them. “This acquisition essentially merges the intelligent eyes of the autonomous car with the intelligent brain that actually drives the car,” said Brian Krzanich, Intel CEO, in an email to Intel employees.

13 March 2017

Intel accelerates into self-driving car business with $15.3 billion deal to buy Mobileye

Intel is accelerating into the self-driving car business with a $15.3 billion deal to buy Mobileye, in one of the biggest deals so far for the autonomous-vehicle industry and the chipmaker. The deal improves Intel’s competitive position against other tech leaders in the driverless-car business, such as Tesla, Uber and Google parent Alphabet.

13 March 2017

Intel buys driverless car company Mobileye for $15bn in record-breaking deal

Intel is acquiring self-driving technology company Mobileye as it gears up plans to put a fleet of autonomous vehicles on the road this year. The American chipmaker announced it will purchase the company for $15.3bn (£12.5bn) in a record breaking deal that marks the highest price paid for an autonomous driving specialist and for an Israeli tech company.

1 March 2017

Ford is showing other car companies how to take the fight to Silicon Valley

Add to favorites Has Silicon Valley lost the race against the big auto companies to create autonomous cars? James McElroy wrote an article for Autoblog last week saying just that. I think it’s much too early to say for sure. A lot can change very quickly in technology.