intel buy moovit app
Intel Buys Moovit App for $900M to Boost Bet on Robotic Cars
Moovit, an 8-year-old company based in Israel, makes an app that compiles data from public transit systems, ride-hailing services and other resources to help its 800 million users plan the best ways to get around. Intel plans to combine Moovit with Mobileye, a self-driving car specialist that Intel bought for about $15 billion in 2017.
Industry:
- Transportation > Passenger (1.00)
- Transportation > Infrastructure & Services (0.87)
- Transportation > Ground > Road (0.87)