Mobileye IPO: 5 things to know about the Intel autonomous-driving spinoff
Pioneer in automated-driving technology has stuck to a responsible approach to full autonomy for decades, but is now focused on a much larger market in the years ahead while fighting growing number of well-capitalized competitors
It has been roughly 5½ years since Intel Corp. agreed to purchase Israeli automated-driving company Mobileye NV for $15.3 billion in cash. As Intel returns Mobileye to the public markets as Mobileye Global Inc., the valuation hasn’t changed much.
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https://www.marketwatch.com/story/mobile...eid=yhoof2
Pioneer in automated-driving technology has stuck to a responsible approach to full autonomy for decades, but is now focused on a much larger market in the years ahead while fighting growing number of well-capitalized competitors
It has been roughly 5½ years since Intel Corp. agreed to purchase Israeli automated-driving company Mobileye NV for $15.3 billion in cash. As Intel returns Mobileye to the public markets as Mobileye Global Inc., the valuation hasn’t changed much.
...
https://www.marketwatch.com/story/mobile...eid=yhoof2
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...the profits have sometimes exceeded the forecasts by a multiple - but somehow more was expected...
...the profits have sometimes exceeded the forecasts by a multiple - but somehow more was expected...