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News Link • Business/ Commerce

Intel Buying Israeli Self-Driving Car Technology company Mobileye for $15 Billion


The two companies made the announcement early Monday, after Israeli business news publication, The Marker first broke the news. Intel is offering $63.54 per share in cash, valuing Mobileye at about $15.3 billion on a fully-diluted basis, and $14.7 billion in enterprise value.

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