Intel Acquires Moovit to Accelerate Mobileye’s Mobility-as-a-Service Offering

May 25, 2020

Intel Acquires Moovit to Accelerate Mobileye’s Mobility-as-a-Service Offering

We did it! Intel Acquires Moovit to Accelerate Mobileye’s Mobility-as-a-Service Offering.

”Intel Corporation today announced it has acquired Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900 million ($840 million net of Intel Capital equity gain). Moovit is known for its urban mobility application that offers travelers around the world the best multimodal trip planning by combining public transportation, bicycle and scooter services, ride-hailing, and car-sharing. The addition of Moovit brings Intel’s Mobileye closer to achieving its plan to become a complete mobility provider, including robotaxi services, which is forecast to be an estimated $160 billion opportunity by 2030.”

News

intel, maas, mobileye, Mobility, moovit

Posted by:

Stathis Kassios

Bachelor degree in History and Philosophy of Science at the University of Athens. Master of Science with a major in Economics at Jonkoping’s International Business School in Sweden. Interned for the Swedish educational organization Bilda and consulted for their music sector. Economics, EU Projects Management, Software Project Management, Marketing, Innovation Management & Business Development Executive experience in Greek, Swedish and other international companies. Refer to my LinkedIn profile for my detailed academic & business background: http://gr.linkedin.com/in/efstathioskassios

One response to “Intel Acquires Moovit to Accelerate Mobileye’s Mobility-as-a-Service Offering”

Ralf Lippold (@RalfLippold)

May 25, 2020 at 5:19 pm

Congratulations, Stathis!!! This is a huge step forward. Looking forward to hearing more from Moovit.

Reply

About Me

Stathis Kassios is currently a Senior Researcher & Economist at the think-tank of the Ministry for Citizen Protection. Holds an MSc. in Economics from JIBS. Worked for 7+ years as an Operations Manager for Moovit (acquired by Intel). Co-founded 3 Web Startups. Rebranding Greece with Zorba The Entrepreneur. 13+ years Web & Business Consulting international SMEs. Author of novels, economic & political articles. Strategist.

EFSTATHIOS KASSIOS