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 (45 years in October 2022!), through the ministry of Love For His People we founded in 2010, give love and support for our friends in Israel and in other nations with friendship, humanitarian aid, and social media support, along with Steve's messages, and our Ahava Adventures trips to Israel. Steve has also authored and published 34 books. We live in the Charlotte, NC area. We have four adult children, spouses, and eight grandkids.

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