Intel’s Autonomous Driving Unit Mobileye Confidentially Files for U.S. IPO, Which Could Value the Company at $50 Billion

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Intel’s Autonomous Driving Unit Mobileye Confidentially Files for U.S. IPO, Which Could Value the Company at $50 Billion

Chipmaker Intel Corp plans to take its autonomous driving unit Mobileye public. The company said on Monday that Mobileye, which Intel acquired for $15.3 billion in 2017, has confidentially filed paperwork for an initial public offering in the United States. The IPO could value Intel’s self-driving technology unit at more than $50 billion.

Intel’s Autonomous Driving Unit Mobileye Confidentially Files for U.S. IPO, Which Could Value the Company at $50 Billion

2022-03-08 11:02

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