Intel-Mobileye deal centers on data

|About: Intel Corporation (INTC)|By:, SA News Editor

To understand Intel's (NASDAQ:INTC) $15.3B proposed acquisition of Mobileye (NYSE:MBLY), imagine the data created and compiled by a self-driving car scanning the road and objects around it as a potential source of revenue.

That information, said Intel CEO Brian Krzanich, is the key to the deal, and may see its first tangible revenue stream through mapping technology.

"When we look forward, everything we do together will be learning from the data coming off these vehicles," said Kathy Winter, general manager of Intel's automated driving unit.

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