Intel buys Mobileye for £12.5bn

US chipmaker Intel is taking over specialist and world leader in collision avoidance systems, Mobileye for $15.3bn ( £12.5bn). Mobileye, Jerusalem-based, Israeli company which develops “autonomous driving” systems.  The deal is the biggest ever exit in the history of Israeli industry. Intel said that the acquisition will bring out the best-in-class technologies from both companies,…