Intel plans to acquire camera company Mobileye for 15.3 billion U.S. dollars
[Global Synthetic Reporter Li Zongze] According to the US "Wall Street Journal" reported on March 14, Intel Corporation said on the 13th local time that an agreement has been reached, will spend about $ 15.3 billion acquisition of Mobileye NV. This is the latest investment made by technology companies in favor of the future of self-driving cars. Data map Mobileye produces a chip-based camera system that supports the currently-used semi-autonomous driving functions. The company is working hard to use this technology at the heart of future self-driving cars. Prior to this, the two companies already have a cooperative relationship. Intel, Mobileye and BMW have already partnered to bring about 40 self-driving cars on the road. These cars are still in testing mode. The deal will help boost Intel's adjusted earnings per share and it is expected that the transaction will be completed in the next nine months. The deal was valued at $63.54 per share for Mobileye, a 34% premium over the company's closing price on Friday. Mobileye rose 33.3% to $63.01 ahead of Monday's trading, and the latest suspension of trading. Intel shares fell 1.8%. Plastic Tube Pressure Gauge,Plastic Pressure Gauge,Plastic Tube Manometer,Plastic Pipe Pressure Gauge ZHOUSHAN JIAERLING METER CO.,LTD , https://www.zsjrlmeter.com