Sources: Moovit, which makes a journey planner app and provides transit data APIs to cities and companies, in talks to be acquired by Intel for about $1B
Intel Capital is one of the shareholders in the company, which has developed a public transport journey planner and mobility app.
Intel is about to buy @moovit, an Israeli startup that provides transit recommendations according to real-time user data. It's sort of the @waze of transit, another Israeli startup that was sold to google for the same price ($1B). https://techcrunch.com/...
Intel moves to buy Moovit for $1 billion. A big deal for both AV development and urban mobility data. And it could position Intel to become a player in Mobility-as-a-Service. https://techcrunch.com/...
Analysis: With @moovit acquisition, @Mobileye and @intel are securing a precious supply of data that's necessary for self-driving cars to be able to hit main street https://www.calcalistech.com/ ...