Intel Completes Tender Offer For Mobileye
“With Mobileye, Intel emerges as a leader in creating the technology foundation that the automotive industry needs for an autonomous future,” said Intel CEO Brian Krzanich. “It’s an exciting engineering challenge and a huge growth opportunity for Intel. Even more exciting is the potential for autonomous cars to transform industries, improve society and save millions of lives.”
Intel Announces Approval For Proposed Acquisition Of Mobileye Under Israel Restrictive Trade Practices Law
The approval from the Israeli Antitrust General Director satisfies a condition to the closing of the previously announced all cash tender offer by Cyclops Holdings LLC, a wholly owned subsidiary of Intel, to purchase all of the outstanding ordinary shares of Mobileye.
Intel To Acquire Mobileye
Pursuant to the agreement, a subsidiary of Intel will commence a tender offer to acquire all of the issued and outstanding ordinary shares of Mobileye for $63.54 per share in cash, representing an equity value of approximately $15.3 billion and an enterprise value of $14.7 billion.
BMW Group And Mobileye Agree To Generate New Crowdsourced Real-Time Data
This agreement to crowdsource real-time data using vehicles equipped with camera-based advanced driver assist system technology is a critical enabler for autonomous driving through next-generation high-definition maps aimed at making driving safer and more efficient for consumers.
HERE And Mobileye To Partner On Automated Driving Mapping Technology
HERE and Mobileye, providers of technologies for intelligent vehicles, have announced plans for a strategic partnership that links their respective autonomous driving technologies into an enhanced offering for automakers.
Delphi, Mobileye To Conduct Automated Driving’s Most Complex, Real-World Demonstration At CES 2017
The 6.3-mile drive will showcase Delphi and Mobileye’s Centralized Sensing Localization and Planning automated driving system, which will be ready for production by 2019.
Mobileye And Delphi To Establish Partnership For SAE Level 4/5 Automated Driving Solution For 2019
The program will result in an end-to-end fully automated vehicle solution intended for production, with the level of performance and functional safety required for rapid integration into diverse vehicle platforms for a range of customers worldwide.
Mobileye Announces Fourth-Quarter, Fiscal Year 2015 Financial Results
Total revenue for the fourth quarter of 2015 was $71.8 million, compared to $39.7 million in the prior-year period. Aftermarket revenue contributed to $10.6 million of total revenue for the fourth quarter of 2015, compared to $7.4 million in the prior-year period.
Valeo, Mobileye Sign Technology Cooperation Agreement
The relationship with Mobileye is expected to further strengthen Valeo’s leadership on the path toward autonomous and intuitive cars.
Mobileye N.V. Launches Initial Public Offering
The offering is for 27,750,000 ordinary shares. The IPO price is currently expected to be between $17 and $19 per share.