Intel, an American multinational corporation and technology company, completed the acquisition of Moovit, Israel-based mobility as a service provider and journey planner app, for $840m. "Intel’s purpose is to create world-changing technology that enriches the lives of every person on Earth, and our Mobileye team delivers on that purpose every day. Mobileye’s ADAS technology is already improving the safety of millions of cars on the road, and Moovit accelerates their ability to truly revolutionize transportation – reducing congestion and saving lives – as a full-stack mobility provider," Bob Swan, Intel CEO.