• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Intel

Intel’s Road to Self-Driving Cars Is Paved In Acquisitions

By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
March 13, 2017, 5:34 PM ET

Intel’s plan to compete in the emerging space of autonomous vehicles has hardly been subtle.

Its latest move to acquire computer vision systems company Mobileye for $15.3 billion is perhaps the biggest signal to date of its intention.

But the world’s largest chipmaker has spent the past 18 months investing in and acquiring companies as well as reorganizing its own business, all in an effort to ensure it doesn’t miss out on the next money-making opportunity.

Intel CEO Brian Krzanich says autonomous driving is estimated to be a $70 billion vehicle systems and data services (total addressable market) opportunity by 2030.

This timeline of acquisitions and other activity shows how Intel intends to capture a piece of that market.

To be clear, Intel has a history in automotive. The company and its Wind River unit provides software and hardware products that it calls “In-Vehicle Solutions” and is used in vehicle infotainment systems, including navigation and telematics systems, which are used to provide real-time diagnostics, manage fleets of vehicles, and wireless hot spots.

Its activity in the past 18 months illustrates the company’s plan to expand beyond its existing business.

August 2015: Intel acquires for $16.7 billion a company called Altera that makes a type of chip called a field programmable gate array, or FPGA. Remember FPGA and that it’s different than other chips because it can be reprogrammed after it’s made.

April 2016: Intel acquires Yogitech, an Italian semiconductor designer that specializes in adding safety functions to chips used in self-driving cars and other autonomous devices.

April 2016: Intel’s Wind River unit, which focuses on Internet of Things software, says it has acquired Arynga, which makes software allowing cars to receive over-the-air updates.

May 2016: Intel buys Itseez, a company that specializes in machine vision technology that lets computers see and understand their surroundings. The technology is necessary for an autonomous vehicle, which needs to be able to perceive the world around it.

July 2016: BMW, Intel, and Mobileye announce they will partner to produce self-driving cars for city streets by 2021 and develop the technology as an open platform that can be used other automakers or ride-sharing companies.

September 2016: Intel acquires Moviduis, an AI startup that makes computer vision processors used in drones and virtual reality devices.

November 2016: Krzanich announces that the company’s venture capital arm will invest $250 million over the next two years into autonomous vehicle technology.

November 2016: Intel reorganizes its business to create a new division dedicated to autonomous driving. The new division, called the Automated Driving Group, spun out of its Internet of Things business.

January 2017: Intel launches a Intel GO, a new brand for its software and hardware tools for the development of driverless vehicles.

The brand includes a series of hardware and software development kits to help developers and engineers test and improve autonomous driving applications. The platform takes sensor data from cameras or radars on the vehicle and combines them with high-definition maps and artificial intelligence to determine the path the car is going to take.

Remember the FPGA, and the company Altera that makes them? This new GO platform pairs the FPGA technology with Intel processors.

Intel also launches under the new brand a 5G platform and a modem to help automakers develop and test a wide range of applications ahead of the expected rollout of 5G wireless systems in 2020.

January 2017: BMW, Intel, and Mobileye say they will put a fleet of about 40 autonomous BMW cars on the road by the end of the year.

About the Author
By Kirsten Korosec
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Current price of Bitcoin for May 22, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for May 22, 2026
By Joseph HostetlerMay 22, 2026
36 minutes ago
Current price of Ethereum for May 22, 2026
Personal FinanceEthereum
Current price of Ethereum for May 22, 2026
By Joseph HostetlerMay 22, 2026
36 minutes ago
Top CD rates from major banks May 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on May 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 22, 2026
43 minutes ago
Current price of oil as of May 22, 2026
Personal FinanceOil
Current price of oil as of May 22, 2026
By Joseph HostetlerMay 22, 2026
55 minutes ago
Current price of gold as of May 22, 2026
Personal Financegold prices
Current price of gold as of May 22, 2026
By Danny BakstMay 22, 2026
55 minutes ago
Current price of silver as of Friday, May 22, 2026
Personal Financesilver
Current price of silver as of Friday, May 22, 2026
By Joseph HostetlerMay 22, 2026
1 hour ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
23 hours ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
2 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
3 days ago
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
Workplace Culture
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
By Sydney LakeMay 20, 2026
2 days ago
A 'proudly autistic' workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas
Conferences
A 'proudly autistic' workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas
By Tristan BoveMay 20, 2026
2 days ago
Current price of oil as of May 21, 2026
Personal Finance
Current price of oil as of May 21, 2026
By Joseph HostetlerMay 21, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.