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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Intel Corporation | NASDAQ:INTC | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.265 | -0.85% | 31.095 | 31.09 | 31.10 | 31.115 | 30.86 | 31.04 | 11,554,403 | 14:41:55 |
From Apr 2019 to Apr 2024
By William Boston
BERLIN--BMW AG welcomed Intel Corp's announcement that it would acquire self-driving tech firm Mobileye as a positive driver for the car maker's partnership with the two tech companies to develop a technology platform for self-driving cars.
"We welcome the news about the acquisition and are looking forward to working together in an even stronger relationship to bring highly and fully-automated driving to the streets by 2021, when we launch the iNEXT," BMW said in a statement.
"Following a successful completion of the transaction, we expect that our cooperation will show even more potential to advance and that the offer of a non-exclusive platform for the automotive industry will become even more attractive."
BMW, Intel and Mobileye in July 2016 unveiled plans to work together to develop technology for self-driving cars.
Write to William Boston at William.Boston@wsj.com
(END) Dow Jones Newswires
March 13, 2017 12:49 ET (16:49 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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