Mobileye Accelerates Self-Driving Car Technology With Delphi Deal

The road to self-driving cars got a little more crowded Tuesday, as Mobileye (MBLY) announced it will partner with General Motors (GM) supplier Delphi Automotive (DLPH) to jointly develop off-the-shelf autonomous driving technology for automakers. Mobileye, a Tesla supplier of advanced driver-assistance systems (ADAS), last month disclosed that its partnership with Tesla was ending. Mobileye is a leader in the development and production in computer vision systems, mapping and machine learning, while Delphi, a General Motors spinoff, is a leader in automated driving software, sensors and systems integration. Mobileye recently announced that it would team with BMW (BMWYY) and Intel (INTC) to develop a fully automated driving system, a partnership that one analyst called a "turning point" for autonomous vehicles.