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BMW i Ventures invests in Upstream Security to accelerate the development of connected vehicle cybersecurity solutions

Green Car Congress

Israel-based automotive cybersecurity and data management company Upstream Security recently closed a Series C round which includes BMW i Ventures as a new investor. Upstream provides a cloud-based data management platform purpose-built for connected vehicles, delivering automotive cybersecurity and advanced data-driven applications.

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HARMAN acquiring Red Bend Software and Symphony Teleca for growth in connected vehicle space

Green Car Congress

HARMAN International announced the acquisition of Israel-based Red Bend Software, a leading provider of software management technology for connected devices, and over-the-air (OTA) software and firmware upgrading services. By 2020, it is expected that more than 90% of vehicles on the road will be connected (Frost and Sullivan).

Connect 150
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First wireless charging road in the U.S. completed in Michigan

Teslarati

The road is located in the former Book Depository Building in the Michigan Central district, on a quarter-mile stretch of Detroit’s 14th Street. It also comes alongside an additional goal for the state to build a 40-mile “connected corridor” for EVs and self-driving vehicles, running from Detroit to Ann Arbor.

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Intel to acquire Mobileye for $15.3 billion; targeting autonomous driving

Green Car Congress

This transaction extends Intel’s strategy to invest in data-intensive market opportunities that build on the company’s strengths in computing and connectivity from the cloud, through the network, to the device. Amnon Shashua, Mobileye’s Co- Founder, Chairman and CTO.

Connect 150
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Intel completes tender offer for Mobileye; accelerating autonomous driving

Green Car Congress

The combination of Intel and Mobileye will allow Mobileye’s leading computer vision expertise (the “eyes”) to complement Intel’s high-performance computing and connectivity expertise (the “brains”) to create automated driving solutions from cloud to car. Mobileye will remain headquartered in Israel and led by Prof.

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Qualcomm to procure Israeli chipmaker Autotalks

Baua Electric

Chip fashion designer Qualcomm will purchase Israel’s Autotalks because the U.S. With an build up in electrical cars and the selection of computerized options in automobiles, chip utilization by means of automakers is surging, making the car marketplace a key expansion section for chipmakers.

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Toyota Research Institute exploring blockchain technology for development of new mobility ecosystem

Green Car Congress

This approach builds on a similar blockchain initiative to create digital property rights in the music industry, the Open Music Initiative. The system may also provide connectivity to vehicle functions for remote locking/unlocking doors and engine startup/shut off.

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