‘Intel lowers Mobileye’s valuation by €30 billion ahead of IPO’
Intel plans to lower the valuation of Mobileye ahead of the self-driving car firm's IPO, according to a Wall Street Journal report based on anonymous sources.
According to WSJ, the chip maker plans to lower the valuation of its subsidiary to prepare for an IPO. In addition to a lower share pric... Read more
Intel’s Mobileye files for an IPO, signals change in the tech market
Intel subsidiary Mobileye recently filed for a US initial public offering (IPO), gauging support for a healthy stock launch even though the market for IPO's has collapsed.
The global IT IPO market is experiencing its worst slump in nearly twenty years. According to statistics from Dealogic, US l... Read more
Intel’s Mobileye intends to go public at a valuation of over €45B
Mobileye, Intel's autonomous driving division, has filed to go public with the US Securities and Exchange Commission.
In its confirmation of the plan, Intel did not include financial information such as the number of shares to be sold. When Intel originally revealed intentions to take Mobileye p... Read more