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Intel's self-driving unit Mobileye files for US IPO

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. ....

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Intel plans to take Mobileye public in United States in mid-2022

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. ....

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