Mobileye

Company Overview

Snapshot

Founded in May 1999 by Ziv Aviram, Mobileye operates with over 4,000 employees. The company has raised a total of $3.28 billion across 10 funding rounds from 15 investors. In October 2022, Mobileye completed a public offering on NASDAQ, raising $860 million with a valuation of $21 billion.

Business overview

Mobileye is a technology company specializing in the development of vision-based advanced driver-assistance systems (ADAS) designed to prevent and mitigate collisions. Its core technology leverages computer vision algorithms to interpret real-time camera data, identifying and classifying objects such as vehicles, pedestrians, cyclists, and road markings. This information enables real-time decision-making, providing drivers with warnings and, in some cases, initiating automatic corrective actions to avoid accidents. The company operates within the Automotive & Mobility Technologies sector, serving both B2B and B2C markets globally with solutions for driver safety, fleet management, and autonomous vehicles.

Strategic signal

In September 2024, Intel, the parent company, ruled out divesting its stake in Mobileye, despite previous considerations amid revenue declines and market pressures. This decision provides stability and a clear path forward for Mobileye, signaling continued strategic alignment and support from its corporate owner, which is crucial for investor confidence and ongoing development in the highly competitive autonomous driving market.

Company Intelligence Q&A

What is Mobileye's primary focus?

Mobileye primarily focuses on developing vision-based advanced driver-assistance systems (ADAS) to prevent and mitigate collisions, utilizing computer vision algorithms to interpret real-time road scenes and make autonomous driving decisions.

When did Mobileye go public?

Mobileye completed a public offering on NASDAQ in October 2022, raising $860 million with a valuation of $21 billion.

Who acquired Mobileye and when?

Mobileye was acquired by Intel in March 2017.

What significant partnership did Mobileye announce in September 2023?

In September 2023, Mobileye forged a strategic alliance in autonomous driving with FAW Group.