Mobileye
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U.S. Ambassador visiting Mobileye in Har Hotzvim Technology park
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| Traded as | : MBLY |
| Industry | Automotive |
| Founded | 1999 Jerusalem, Israel |
| Founder | Ziv Aviram Amnon Shashua |
| Headquarters | Jerusalem, Israel |
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Key people
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Ziv Aviram, (President) Amnon Shashua (Chairman and CTO) |
| Revenue | USD 240.87 million (2015) |
| USD 77.74 million (2015) | |
| USD 68.45 million (2015) | |
| Total assets | USD 577.61 million (2015) |
| Total equity | USD 515.47 million (2015) |
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Number of employees
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543 (2015) |
| Website | mobileye.com |
Mobileye (NYSE: MBLY) is an Israeli technology company that develops vision-based advanced driver assistance systems (ADAS) providing warnings for collision prevention and mitigation. Mobileye N.V. headquarters and main R&D centre is located in Jerusalem, Israel operating under the company name Mobileye Vision Technology Ltd. The company has also sales and marketing offices in Jericho, New York; Shanghai, China; Tokyo, Japan and Düsseldorf, Germany.
Mobileye N.V. was founded in 1999 by Amnon Shashua (a researcher of the Hebrew University), when he evolved his academic research into a technical solution for a vision system which could detect vehicles using only a camera and software algorithms on a processor. After receiving a license to use the Technology which was owned by Yissum it was possible to incorporate the company. Together with Ziv Aviram, he set up the company's R&D headquarters in Jerusalem, Israel. At first the company developed algorithms, and a processor chip called the EyeQ chip. All of Mobileye’s proprietary image processing algorithms run on the EyeQ chip. After years of testing, the chip and software algorithms began to be sold as commercial products to original equipment manufacturer (OEM) customers. The company’s first clients were automotive manufacturers such as BMW, General Motors and Volvo, whose electronics suppliers integrated Mobileye’s technologies into these companies' cars, at first as an optional accessory when buying a new car, and later as a standard fit in new cars.
In 2006 Mobileye set up an Aftermarket department, which sells finished products manufactured by Mobileye at their Philippines factory, IMI. The Aftermarket products are sold to an international network of distributors on all continents who sell the products to fleets of trucks and buses, to car dealerships, and to car accessory shops.
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