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Israeli tech firms revving up engines for self-driving cars

As the world moves toward an era of self-driving cars, Israel is positioning itself to be the Detroit of the future.

The country has emerged as a global leader in the fast-growing field of driverless cars, as illustrated by Intel’s more than $15 billion acquisition of Israeli firm Mobileye this week.

Israel is now home to hundreds of startups that provide everything from censors to cybersecurity to data collection for autonomous vehicles, putting it alongside Silicon Valley at the forefront of an industry that many expect to take off over the next decade.

Josef Federman, Associated Press

Full Story: http://www.sfgate.com/business/technology/article/Israeli-tech-firms-revving-up-engines-for-11008503.php

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