Intel's Jerusalem-based subsidiary teams up with German electric vehicle maker and US transportation software develop to roll out project

Migdal Ha'emek-based company, founded in 1993, is leading maker of chips and semiconductors; purchase will be Intel's sixth acquisition of an Israeli company in recent years

Jerusalem-based Intel subsidiary says it expects EyeQ Ultra to reach full production in 2025

Karin Eibschitz-Segal, head of Intel's development centers in Israel, named global corporate VP, becoming second Israeli woman to hold senior role

Employees of upscale department store will be able to request or schedule rides to work in self-driving 'robotaxi'

Move comes 4 years after the semiconductor giant bought the Jerusalem-based self-driving tech developer for over $15 billion

The deal, estimated at $150 million, marks Intel's fifth purchase of an Israeli company in 5 years

Company raises $74 million from investors including billionaire Marius Nacht, Samsung Ventures, and Israel's Discount Capital

Semiconductor giant's new offerings include 'world's best gaming processor'; over 1,000 Israeli engineers worked on 'largest-ever' chip hardware development project

Jerusalem-based Intel subsidiary partners with German mobility service provider Sixt to test 'robotaxis' next year; passengers will hail ride on Moovit or Sixt apps