Mobileye N.V.

Company Profile

■URL

http://www.mobileye.com/

■Address

Har Hotzvim, 13 Hartom Street, P.O. Box 45157, Jerusalem 9777513, Israel

Business Overview

-Intel Corporation and the company announced the completion of Intel’s tender offer for 84% of the company. The acquisition positions Intel as a leading technology provider in the fast-growing market for highly and fully autonomous vehicles. Intel’s Automated Driving Group (ADG) will combine its operations with the company, now part of Intel. The company remains headquartered in Israel and led by Professor Amnon Shashua, who will serve as Intel senior vice president and the company CEO and chief technology officer. (From a press release on August 8, 2017)

-Intel and the company announced that they have entered into a definitive agreement in which Intel will acquire the company for USD 15.3 billion. The acquisition will combine Intel’s high-performance computing and connectivity expertise with the company’s leading computer vision expertise to create automated driving solutions from the cloud through the network to the car. The combination is expected to position Intel as a leading technology provider for highly and fully autonomous vehicles. Intel estimates the vehicle systems, data and services market opportunity to reach USD 70 billion by 2030. (From a press release on March 13, 2017)

-The Company is the global leader in the development of computer vision and machine learning, data analysis, localization and mapping for Advanced Driver Assistance Systems (ADAS) and autonomous driving technologies.

-The Company's EyeQ chips and algorithms have been integrated into new car models since 2007. The Company is a Tier 2 company in the automotive market. Tier 1 companies (system integrators) incorporate core Mobileye technologies into their cameras and act as key development partners and lead development during the series program.

-The Company estimates that its products were installed in approximately 15.7 million vehicles worldwide through December 31, 2016 and its technology is available in 237 car models from 21 OEMs. Furthermore, its products have been selected for implementation in serial production of 313 car models from 27 OEMs by 2017.

-The company entered into an agreement with Nissan Motor Co., Ltd. to generate anonymized, crowd-sourced data to create next-generation precision maps utilizing Mobileye's Road Experience Management (REM) data generation technology. 

-The company announced a unique collaboration with Munich Reinsurance America (Munich Re U.S.) to reduce commercial fleet collisions and enhance road safety in the United States. (From a press release on September 12, 2017)

Shareholders

-In August, 2017, Delisting on the New York Stock Exchange.

Products

Mono-camera Driver Assistance Systems
Mobileye EyeQ vision processors and algorithms
-Lane detection

  • Lane centering
  • Lane departure warning
  • Lane keeping

-Vehicle detection

  • Collision mitigation by braking
  • Forward Collision Warning (FCW)
  • Urban Forward Collision Warning (uFCW)
  • Headway Monitoring and Warning (HMW)
  • Vision Only Adaptive Cruise Control (V.O. ACC)

-Radar vision fusion
-General object detection
-Pedestrian detection

  • Pedestrian Collision Warning (PCW)     

-Traffic sign detection
-Head lamp control

  • Binary Headlamp Control (FLA/AHBC/AHC/IHC)
  • Intelligent Light Ranging (ILR/StFLA)
  • Non-Glaring High beam Control (NGHB)

-Rear camera applications
-Surround view systems

Collision Avoidance Systems
-Mobileye 5-Series for aftermarket

  • Forward Collision Warning (FCW)
  • Pedestrian Collision Warning (PCW)
  • Headway Monitoring Warning (HMW)
  • Lane Departure Warning (LDW)
  • Intelligent High-beam Control (IHC)
  • Speed Limit Indicator (SLI)   

-Mobileye 560

  • Daylight pedestrian collision warning, including bicycle detection
  • Forward collision warning, both in highway and urban areas, including motorcycle detection
  • Lane departure warning
  • Headway monitoring and warning
  • Intelligent high-beam control
  • Traffic sign recognition

-Mobileye Shield + for trucks, buses and commercials vehicles

  • Cyclist and pedestrian protection

History

1999 Founded in Israel by Professor Amnon Shashua  and Mr. Ziv Aviram.
2001 Incorporated Mobileye B.V. as the holding company in the Netherlands.
Jul. 2003 Mobileye B.V. was converted into Mobileye N.V., a Dutch limited liability company.
Aug. 2014 Listed on the New York Stock Exchange.
Mar. 2017 Intel and Mobileye announced that they have entered into a definitive agreement in which Intel will acquire Mobileye for USD 15.3 billion.
Aug. 2017 Intel Corporation and Mobileye announced the completion of Intel’s tender offer for 84% of Mobileye.

Supplemental Information 1