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Intel to buy Mobileye for $14-$15 billion - Israeli media report

Intel to buy Mobileye for $14-$15 billion - Israeli media report

Monday, March 13, 2017, 4:36 PM

U.S. chip giant Intel has agreed to buy Israeli technology firm Mobileye for $14-$15 billion, according to TheMarker, an Israeli financial newspaper. The companies will announce the acquisition, the largest ever for an Israeli high-tech company, later on, Monday. TheMarker reported on its website. Mobileye is a leading supplier of collision-avoidance car sensor systems.
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