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Intel announced plans to acquire Israel-based Mobileye, a developer of vision technology used in autonomous driving applications, for $15.3 billion. Mobileye share prices jumped from $47 to $61 (the tender offering price is $63.54) on the news, a 30% premium. The purchase marks the largest acquis...
February fundings for 16 robotics-related startups totaled over $313 million - another solid month for the new year. Acquisitions also continued to be substantial with Ford's acquisition of Argo and Midea Group's purchase of Servotronix. Plus there were two IPOs.
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