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Intel Announces Intent to Take Mobileye Public

6 points| midvar | 4 years ago |intel.com

2 comments

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midvar|4 years ago

Bought for $15B in 2017, Intel intends to take Mobileye public at a $50B valuation.

Intel will maintain majority ownership of Mobileye.

WSJ article was posted to HN earlier here if you have a subscription : https://news.ycombinator.com/item?id=29469182

thuccess129|4 years ago

Sony has a bio-inspired eye effort. Sony and TSMC coupling in competition with Intel's vomited out Mobileye and TSMC will be interesting race to watch. What does a $15B growing to $50B valuation have to show on its track record using the price on the iPhone camera for reference?