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Intel purchases maker of autonomous car technology

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Mobileye makes technology for autonomous vehicles - self driving cars that don't need anyone behind the wheel to get people where they're going.

MOBILEYE - Mobileye technology scans the road for obstacles for autonomous cars. On Monday, Intel purchased Mobileye for $15 billion.For decades, science fiction has said that driverless cars are the future of automobiles.

On Monday, Intel CEO Brian Krzanich announced the future might be here sooner than first thought.

Intel has agreed to purchase Israeli self-driving car company Mobileye for $15.3 billion, the company said in a statement March 13.



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