added by Tekelala · updated 2y ago
Intel, Mobileye, and Smiling Curves
- There is a fascinating paragraph in this Wall Street Journal article about Intel’s purchase of Mobileye NV, an Advanced Driver Assistance System primarily focused on camera-based collision avoidance and, going forward, autonomous driving:The considerable premium Intel is willing to pay for Mobileye reflects the enormous value tech companies see in ... See more
from Intel, Mobileye, and Smiling Curves by Ben Thompson
Tekelala added 2y ago
- Intel + MobileyeThis is the context for Intel’s acquisition. First off, yes, it is ridiculously expensive. The purchase price of $14.71 billion (once you back out Mobileye’s cash-on-hand) equates to an EBITDA multiple of 118; it helps that Intel is paying with overseas cash, which the company hasn’t paid taxes on. And second, I’ve long argued that ... See more
from Intel, Mobileye, and Smiling Curves by Ben Thompson
Tekelala added 2y ago
- Cars and the FutureA little over a year ago I explained in Cars and the Future that there were three changes happening in the personal transportation industry simultaneously:Drivetrains were changing from the internal combustion engine to electricCar operation was moving from human-based to computer-based (i.e. self-driving cars)Ownership was shift... See more
from Intel, Mobileye, and Smiling Curves by Ben Thompson
Tekelala added 2y ago