# 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.

- Type: Acquisition
- Announced: 2017-03-13
- Where: Jerusalem, Israel
- Value: $15.3B
- Status: announced
- Products: autonomous driving technology, cameras, computer vision, machine learning
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Intel](https://endata.com/companies/21062.md) (acquirer)
- [Mobileye](https://endata.com/companies/22793.md) (target)

## Sources

- [ft.com](https://www.ft.com/content/9acd9644-ea54-30b9-99a8-2a8b8f2d174f?syn-25a6b1a6=1), 2017-03-13: "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'"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.