Photo Credit: courtesy, Mobileye

The mammoth Mobileye car sensor and mapping developer has announced plans to build a 30-floor headquarters in Jerusalem near its current campus in the Har Hotzvim neighborhood.

In addition, the complex will include an eight-floor building and an underground parking garage with four levels.




The new complex will span some 45,000 square meters, and is expected to expand the number of employees from the current 660 to 4,000, according to Globes.

The plans were expected to be submitted for approval to the Jerusalem Planning and Building Committee by Tuesday (May 23.)

Two months ago, Intel Corporation announced it was purchasing Mobileye – founded in 1999 by Hebrew University researcher Amnon Shashua — for an estimated $15 billion, the biggest deal in Israeli hi-tech history.

Mobileye develops vision-based advanced driver assistance systems that provide warnings to prevent and mitigate collisions. The system uses a camera and software algorithms with an EyeQ chip to detect vehicles.

Earlier in the year, Mobileye, BMW and Intel announced they were developing a test fleet of autonomous vehicles for the consumer market, to be launched by 2021.