Mobileye, an Israeli company that Intel bought for about $15.3 billion in 2017, uses a camera-based system with adaptive cruise control and lane change assistance in driverless cars.
Intel’s self-driving car unit Mobileye has filed to go public in what could be one of the biggest IPOs of 2022. Find out everything we know about Mobileye ahead of its IPO.
Intel says the move will unlock the value of Mobileye for its shareholders by creating a separate publicly traded company and will build on Mobileye’s successful track record and serve its expanded market.