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Dubai News Club > Tech > Intel’s self-driving company Mobileye files for an IPO
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Intel’s self-driving company Mobileye files for an IPO

Press Room
Last updated: 2022/10/02
Press Room
Published: October 2, 2022
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According to Bloomberg, Intel initially expected the IPO to value Mobileye at $50 billion, but later lowered its expectations to around $30 billion. Mobileye’s SEC filing indicates steady revenue growth over the past few years, jumping from $879 million in 2019 to $967 million in 2020, and topping out at $1.4 billion in 2021. The filing doesn’t provide any information on how much a share could cost.

Founded in 1999 by Amnon Shashua and Ziv Aviram, Mobileye is known for its EyeQ…

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