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March 13, 2017 10:14 am GMT

Intel buys Mobileye in $15.3B deal, moves its automotive unit to Israel

First they partnered, and now comes the acquisition: thecomputing giant Intelhas confirmed that it is acquiring Mobileye, a leader in computer vision for autonomous driving technology, for $15.3 billion — the biggest-ever acquisition of an Israeli tech company. Specifically, “Under the terms of the agreement, a subsidiary of Intel will commence a tender offer to acquire all of… Read More

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