Intel AI-Powered Virtual Assistant Mobilized to Assist Reopening of Military Museum Since then, Mobileye revenues have more than doubled on the increased adoption of ADAS based on Mobileye’s industry-leading technology. Intel Corporation announced on May 4, 2020, that it would acquire the company. With this acquisition, Mobileye will be able to use Moovit’s large proprietary transportation dataset to optimize predictive technologies based on customer demand and traffic patterns, as well as tap into Moovit’s transit data repository of more than 7,500 key transit agencies and operators, and improve the consumer experience for more than 800 million users worldwide. Mobileye’s vision-safety technology aims to make roads safer, reduce traffic congestion and save lives.
Moovit is betting that transportation in general is on the cusp of a massive revolution, pushed by a combination of new modes of transport as well as by things like ridesharing.
Moovit has also signed strategic partnership agreements with major ride-sharing operators and mobility ecosystem companies for analytics, routing, optimization and operations for MaaS. "Intel acquired Mobileye in 2017.
"Moovit was founded in 2012 and is based in Tel Aviv, Israel, with approximately 200 employees. Since, the company - which specialises in machine learning-powered advanced driverless technology and vision-based driver assistance system - has seen its revenues double, according to Intel, with its technology now used in 300 car models by 25 automakers. Intel's acquisition of Moovit comes after the chipmaker bought Mobileye, another Israel-based company, for $15.3 billion in 2017. Mobileye provides a complete autonomous vehicle solution stack that is technically advanced, provides unmatched agility and safety, and copes with a wide variety of driving complexities.Mobileye’s business model encompasses the entire automated driving value chain, including the front-facing camera that powers most of today’s ADAS, conditional autonomy – also known as level 2+ – and the self-driving system (SDS) for self-driving shuttles and robotaxis as well as consumer autonomous vehicles (AVs). Media Alert: Intel At Hot Chips 2020 Moovit is an Israel-based mobility as a service provider and journey planner app. … We share this vision and look forward to making it a reality as part of Mobileye. ** Als “ Bestes neues App” in mehr als 60 Ländern ** Ausgezeichnet in NYTimes, Bloomberg TV, FastCompanz, TechCrunch, GigaOm und anderen Choose the fastest, least crowded route, every time based on real time data. Schnell - Einfach - Günstig: Küchen planen und kalkulieren. Moovit has also signed strategic partnership agreements with major ride-sharing operators and mobility ecosystem companies for analytics, routing, optimization and operations for MaaS. Mobileye provides a complete autonomous vehicle solution stack that is technically advanced, provides unmatched agility and safety, and copes with a wide variety of driving complexities.Mobileye’s business model encompasses the entire automated driving value chain, including the front-facing camera that powers most of today’s ADAS, conditional autonomy – also known as level 2+ – and the self-driving system (SDS) for self-driving shuttles and robotaxis as well as consumer autonomous vehicles (AVs). Moovit’s consumer applications and user experience will continue under its own brand.“We are excited to join forces with Mobileye and lead the future revolution of new mobility services,” said Nir Erez, Moovit co-founder and CEO. (Credit: Moovit)"Intel’s purpose is to create world-changing technology that enriches the lives of every person on Earth, and our Mobileye team delivers on that purpose every day," said Bob Swan, Intel CEO. Combining the daily mobility habits and needs of millions of Moovit users with the state-of-the-art, safe, affordable and eco-friendly transportation enabled by self-driving vehicles, we will be able to make cities better places to live in.