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Reports say Intel buys Mobileye in biggest Israeli hi-tech deal

Source: Xinhua   2017-03-13 18:30:47

JERUSALEM, March 13 (Xinhua) -- Microprocessor giant Intel was set to buy Mobileye, an Israel-based developer of driver assistance systems, for 14-15 billion U.S. dollars, in a record-breaking deal for Israel's hi-tech industry, Israeli media reported on Monday.

The companies declined to comment on the reports, but an announcement is reportedly expected within hours.

Editor: xuxin
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Reports say Intel buys Mobileye in biggest Israeli hi-tech deal

Source: Xinhua 2017-03-13 18:30:47
[Editor: huaxia]

JERUSALEM, March 13 (Xinhua) -- Microprocessor giant Intel was set to buy Mobileye, an Israel-based developer of driver assistance systems, for 14-15 billion U.S. dollars, in a record-breaking deal for Israel's hi-tech industry, Israeli media reported on Monday.

The companies declined to comment on the reports, but an announcement is reportedly expected within hours.

[Editor: huaxia]
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