Intel to acquire Mobileye for $15.3 billion

Intel announced a definitive agreement to buy Mobileye, a maker of autonomous driving technology, for $15.3 billion. The deal includes a tender offer for all Mobileye shares at $63.54 each in cash.

“The two companies said that the deal would 'accelerate innovation for the automotive industry and position Intel as a leading technology provider in the fast-growing market for highly and fully autonomous vehicles'”ft.com

• 1 source
• ft.comIntel buys Mobileye in $15.3bn dealMadhumita Murgia, John ReedMar 13, 2017

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