Startups to Buy #1 — MobilEye
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.
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.