Intel Talks Up It’s New Partnership With Israel – Israel Today

Intel Talks Up It’s New Partnership With Israel

Tuesday, March 21, 2017 |  Israel Today Staff
Hi-tech behemoth Intel is really excited about its acquisition of Israel’s autonomous driving company Mobileye, and its new base of operations in the Jewish state.
At a press conference announcing the acquisition, Intel CEO Brian Krzanich said: “We think of ourselves as an Israeli company as much as a US company.”
Intel paid a whopping $15 billion for Mobileye. It’s the largest ever exit for an Israeli hi-tech company. But it’s also the second largest acquisition Intel has ever made.
The chip-maker believes so much in Israeli innovation, that it’s going to make Mobileye’s Jerusalem headquarters the new central base of operations for all of Intel’s autonomous vehicle efforts.
Mobileye “will lead Intel’s overall autonomous vehicle efforts, across the whole company, not just here in Israel,” said Krzanich. “We will be folding in operations in the US underneath the operations here.”
That’s a major vote of confidence in Israel, and a major blow to the Boycott, Divestment and Sanctions (BDS) movement.
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Steve Martin

STEVE & LAURIE MARTIN - LOVE FOR HIS PEOPLE FOUNDERS My good wife Laurie and I (married 45 years), founded Love For His People Ministry in 2010. This work gives love and support to our friends in Israel and other nations with friendship and humanitarian aid. Through social media, Steve's messages, and our Ahava Adventures trips to Israel, the ministry is a growing, effective outreach. Steve has also authored and published 36 books. We live in the Charlotte, NC area and have four adult children, spouses, and eight grandkids. Ahava and shalom with blessings on ye head!

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