Mobileye Global Inc.

Mobileye operates as an autonomous driving technology company providing advanced driver-assistance systems and self-driving solutions. The company's core products include the EyeQ system-on-chip processors, computer vision algorithms, and mapping technologies for autonomous vehicles.

The company's business model is based on semiconductor sales, software licensing, and data services. Mobileye generates revenue through EyeQ chip sales to automotive OEMs, software licensing for ADAS features, and mapping services for autonomous driving applications.

Mobileye serves automotive manufacturers worldwide, with its technology implemented in hundreds of car models from major OEMs including BMW, Volkswagen, and Nio. The company's solutions range from basic driver assistance to fully autonomous driving capabilities.

Mobileye was founded in 1999 by Hebrew University professor Amnon Shashua, who evolved his academic research into a vision system that could detect vehicles using cameras and software. The company developed automotive safety technologies based on adding "intelligence" to inexpensive cameras for commercialization.

The company established its first research center in 2004 and launched the first generation EyeQ1 processor in 2008, offering driver assistance including automatic emergency braking. One of the first vehicles to use this technology was the fifth-generation BMW 7 Series.

In 2013, Mobileye sold a 25% stake to investors for $400 million, valuing the company at approximately $1.5 billion. Mobileye went public on the New York Stock Exchange in 2014, raising $890 million in the largest Israeli IPO in U.S. history at the time.

In March 2017, Intel announced it would acquire Mobileye for $15.3 billion, the biggest-ever acquisition of an Israeli tech company at that time. Following the acquisition, Mobileye continued to expand its autonomous driving capabilities, including robotaxi trials with Nio electric vehicles in Israel starting in 2020.

In December 2021, Intel announced plans to take Mobileye public again in 2022 while maintaining majority ownership. The IPO was completed in October 2022, with Intel offering 5-6% of outstanding shares and raising $861 million, valuing Mobileye at approximately $17 billion.