Technology

Intel’s Self-Driving Car Unit Mobileye Files for IPO

Intel’s Self-Driving Car Unit Mobileye Files for IPO

Intel Corp. said it’s Mobileye self-driving car business has filed confidentially for an initial public offering. The chipmaker announced plans for an IPO of Mobileye late last year, signaling its intent to capitalize on an investment in a burgeoning industry. Intel has said it will remain the majority owner after the transaction.

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