TLDR
Intel, the semiconductor giant will buy Moovit, the multimodal mobility as a service (Maas) platform. The company uses crowdsourced and official public transit data to provide route planning to users as well as transit data APIs to transit companies, cities, and transit agencies. The acquisition of Mobileye, an Israeli leader in computer vision and safety systems for a whopping $15.3 billion, is a transformative M&A for Intel. The first is in city data, which can prove to be invaluable. The second is user acquisition.via the TL;DR App
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Written by Yehoshzl | Alpe audio education, former VC Investor future mobility. Mainly an avid reader
