Mobileye NV was incorporated in the Netherlands in 2001. The Company is engaged in the development of computer vision and machine learning, data analysis, localization and mapping for Driver Assistance Systems and autonomous driving technologies. Its operating segments include sales to OEM segment and sales of aftermarket products. In the OEM segment, the Company supplies a System on Chip (SoC) which includes core intelligence to be ultimately implemented within new vehicles through Tier 1 manufacturers who are system integrators to the automotive industry. In the AM segment, the Company sells a complete system, which offers a variety of driver assistance functions to customers being fleet commercial vehicles, new vehicle dealers and importers either directly or through distributors. Its technology keeps passengers safer on the roads, reduces the risks of traffic accidents. Its proprietary software algorithms and EyeQ chips perform detailed interpretations of the visual field in order to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris and other obstacles. Its products are also able to detect roadway markings such as lanes, road boundaries, barriers and similar items, as well as to identify and read traffic signs and traffic lights. It has proprietary rights to trademarks, including EyeQ. It holds 41 U.S. patents, 6 European patents, 53 U.S. patent applications, 29 European and other non- US patent applications, and provisional patent filings.
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