Major indices finish lower amid GE earnings disappointment >>> READ MORE

4 Startups Google Might Buy With Its $30B

These startups make prime acquisition targets for GOOG

      View All  

Startups to Buy #1 — MobilEye

MobilEye 185Headquarters: Netherlands

Basically, MobilEye is a top player for advance image sensing and processing – that is, it can identify lane changes, traffic signs and pedestrian activity. No doubt, all this can be extremely helpful in avoiding accidents. The companywould be a nice fit for GOOG, which has been aggressive in developing driverless cars.

The key for MobilEye is that its technology is fairly low-cost, relying on monocular cameras. In fact, the company has snagged big-time customers like Ford (F), BMW and GM (GM).

Keep in mind that MobilEye has filed for an IPO in the U.S. (but there is no S-1 yet because the company has used the “confidential” filing option). Recent chatter suggests that the valuation could be about $4 billion to $5 billion.

But perhaps the best reason for GOOG to acquire MobilEye? The company already has plans to create its own driverless car. Better to acquire the company before it becomes a competitor.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC