Intel (INTC) Plans to Take Mobileye Public in Mid-2022

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Intel Announces Intent to Take Mobileye Public

December 6, 2021 8:40 PM EST

Initial public offering builds on Mobileyes revenue growth and record of innovation and unlocks value for Intel shareholders.

NEWS HIGHLIGHTS

Mobileye is a market leader in driver-assistance and autonomous driving solutions. It expects to deliver over 40% more revenue in 2021 compared with 2020, along with a record 41 new program wins with more than 30 leading automakers worldwide. Mobileye recently shipped its 100 millionth EyeQ® system-on-chip, unveiled its... More