Intel moves in on Moovit

Intel has acquired Israel’s smart-transit startup Moovit for some $900 million to join up with Mobileye (acquired Apr 2017). Moovit (reported here previously) provides free real-time crowdsourced information about public transportation schedules. It is used by 800 million riders across 102 countries.

https://www.timesofisrael.com/intel-buys-israeli-smart-transit-startup-moovit-for-900-million-in-bid-for-data/

https://www.calcalistech.com/ctech/articles/0,7340,L-3816551,00.html

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