According to technology website VentureBeat, Intel today announced that it has spent RMB 105.6 billion to acquire Mobileye, a computer vision company that specializes in self-driving cars. This huge transaction highlights the market's growing demand for autonomous vehicle technology, but where is it compared to other acquisitions in the technology sector? Especially compared to other acquisitions by Intel.

Ignore AOL's 2001 acquisition of Time Warner's transaction for RMB 731.3 billion, because Time Warner is not strictly a technology company. The largest acquisition in the technology sector to date is that in 2015, Dell spent RMB 462.2 billion to acquire data storage giant EMC. In the same year, chip maker An Huagao spent RMB 255.3 billion to acquire rival Broadcom. Last year, Softbank spent RMB 220.8 billion to acquire the British chip maker ARM. Microsoft spent RMB 179.4 billion to acquire the professional social networking site LinkedIn.

Intel acquires Mobileye_Intel mergers and acquisitions

In 2002, HP spent $1,283 million to acquire Compaq. Until Facebook spent $131.1 billion in 2014 to acquire WhatsApp, it has been the most expensive acquisition in the technology sector. Intel spent $115.6 billion in 2015 to acquire programmable chip company Altera, the seventh-highest transaction in the history of technology, followed by the acquisition of Mobileye.

Intel has completed dozens of acquisitions, many of which are worth billions of dollars, but only five transactions worth more than 6.9 billion yuan. The following is a brief review of the five acquisitions. It is worth noting that the value of the transaction does not take into account inflation.

1. Altera (2015): RMB 115.6 billion

Intel confirmed on June 1, 2015 that it had invested RMB 115.6 billion to acquire Altera. Altera is focused on developing field-programmable gate array (FPGA) chips that can be programmed for different applications. FPGA chips are widely used in servers. As PC demand declines, this transaction represents Intel's focus on cloud computing.

2. Mobileye (2017): RMB 105.6 billion

Mobileye develops visual intelligence technology for automotive driver assistance systems. Intel has never disguised its interest in autonomous vehicles and has previously worked with Mobileye on other projects.

3. McAfee (2010): RMB 53 billion

Intel spent $53 billion in 2010 to acquire security software giant McAfee. Intel said in a statement issued at the time that the deal "shows that security is now an essential part of network computing." Intel is currently divesting McAfee as an independent company. This is part of Intel's broader reorganization plan, which will place more emphasis on data center and IoT business.

4. Infineon (2010): RMB 9.7 billion

Only 11 days after the acquisition of McAfee, Intel spent RMB 9.7 billion to acquire Infineon's mobile chip business. At the time, smartphones were an emerging computing platform, and the deal showed that Intel wanted to keep up with the times.

5. Giga (2000): RMB 8.6 billion

As early as the Internet is still in the dial-up era, Intel spent 8.6 billion yuan to acquire the Danish high-performance network chip company Giga. Given that the Internet is still growing at an ultra-high speed, this transaction represents Intel's advanced move to support emerging high-speed Internet. (Compile / Frost Leaf)

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