Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. The finalized acquisition cements Intel's efforts to break into the autonomous vehicle market. In light of the recent announcement that Google (Waymo) just started to provide autonomous taxis in Phoenix, we look at what the deals mean for Intel and the car industry. Date: Thursday April 27, 2017 . Our Technology. Acquisition Expected to Accelerate the Future of Autonomous Driving . Other names and brands may be claimed as the property of others.Mobileye has submitted written notice to the NYSE of its intent to voluntarily delist its shares from the NYSE in connection with the tender offer. Mobileye, bought by Intel last year for $15.3 billion, says there are some 27 million cars on the road from 25 automakers that use some sort of driver assistance system and Mobileye has a … Chinese OEMs accounts for >25% of Mobileye’s life time volume of programs won in 2019 *IHS, October 16, 2019 Unlocking strategic opportunities for harvesting data under regulatory constraints Light vehicle production* (B) 30 25 20 15 10 5 0 Europe 0.5% CAGR USA 1% CAGR China 3.6% CAGR Japan & Korea 1.9% CAGR Rest of the world 1.9% CAGR Even more exciting is the potential for autonomous cars to transform industries, improve society and save millions of lives.”SANTA CLARA, Calif., and JERUSALEM, Aug. 8, 2017 — Intel Corporation (NASDAQ: INTC) and Mobileye N.V. (NYSE: MBLY) today announced the completion of Intel’s tender offer for outstanding ordinary shares of Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving. Joining the autonomous driving race in top gear, Intel Corporation has completed the $15.3 billion acquisition of Israeli technology company Mobileye NV. Choose your news – we will deliver.Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news that’s vital to your business.Please select at least one newsletter to subscribe.She said: "Now we can actually move forward with our joint planning and marketing approach. The acquisition is expected to accelerate innovation for the automotive industry and positions Intel as a leading technology provider in the fast-growing market for highly and fully autonomous vehicles.Following delisting from the NYSE, Mobileye ordinary shares will not be listed or registered on another national securities exchange. “For the first time, the auto industry has a single partner with deep expertise and a cultural legacy in both areas. SANTA CLARA, Calif., and JERUSALEM, Aug. 8, 2017 — Intel Corporation (NASDAQ: INTC) and Mobileye N.V. (NYSE: MBLY) today announced the completion of Intel’s tender offer for outstanding ordinary shares of Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous … The combined group will also have operations in the U.S. and Romania.SAN FRANCISCO -- Intel Corp. has completed its $15 billion acquisition of autonomous driving tech company Mobileye.Please enter a valid email address.Winter said that with Intel's acquisition of Mobileye complete, the company will focus on developing Level 3, 4 and 5 autonomous driving systems, high-definition mapping, 5G LTE connectivity and building up its data center infrastructure. The procedures for tendering shares during the subsequent offering period are the same as those applicable to the initial offering period, except that (i) the guaranteed delivery procedures may not be used during the subsequent offering period and (ii) no withdrawal rights will apply to shares tendered during the subsequent offering period.Intel’s news source for media, analysts and everyone curious about the company. The initial offering period for the tender offer and withdrawal rights expired at 5 p.m., New York City time, on Aug. 7, 2017 (the “Expiration Time”).