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A Mobileye camera mounted behind a car's windscreen

2017Companies

Intel agrees to buy the Israeli driver-assistance company Mobileye for about $15.3 billion.

The deal announced on 13 March 2017 pays $63.54 a share in cash for a company founded in Israel in 1999.

The story in numbers.

Here is how it happened.

  • A man in a pink shirt sits in a dark office chair at a desk, with a shelf of books and framed certificates behind him

    1999

    Amnon Shashua and Ziv Aviram found Mobileye in Israel.

    In its 2014 annual report Shashua is chairman and chief technology officer, and Aviram is president and chief executive. The headquarters are at Har Hotzvim in Jerusalem.

    SourceMobileye annual report for 2014

  • 6 August 2014

    Mobileye closes its stock offering on the New York Stock Exchange at $25 a share.

    The sale of 40,927,350 shares brings in $1.023 billion in total. Mobileye offers 8,325,000 of them itself and expects $193.7 million after expenses.

    SourceMobileye report to the SEC

  • Four people in business clothes stand beside a white car with a camera mounted inside its windscreen, in front of a wall with the Mobileye logo

    13 March 2017

    Intel agrees to buy Mobileye for $63.54 a share in cash.

    The equity value is about $15.3 billion and the enterprise value $14.7 billion. The combined autonomous-driving organization is to be headquartered in Israel and led by Shashua.

    SourceIntel report to the SEC

  • 8 August 2017

    Intel completes its tender offer and takes about 84 percent of the shares.

    A total of 187,882,291 shares are validly tendered by the deadline. Shashua becomes an Intel senior vice president and Mobileye's chief executive and chief technology officer, and co-founder Ziv Aviram retires.

    SourceIntel report to the SEC

  • 25 October 2022

    Mobileye prices its Nasdaq stock offering at $21 a share.

    It offers 41,000,000 shares of Class A stock under the symbol MBLY. Trading is expected to begin on 26 October.

    SourceMobileye

  • 22 January 2026

    Mobileye reports that more than 230 million vehicles have been built with its EyeQ technology.

    Full-year 2025 revenue is $1,894 million, up 15 percent. Intel keeps majority ownership, and Mobileye has been listed independently since 2022.

    SourceMobileye

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Here is why it matters.

Mobileye makes camera-based driver-assistance systems built around its EyeQ chip. The deal put Intel's automated-driving work under an Israeli headquarters led by Amnon Shashua.

Three more milestones to read next.

  • Uri Levine, a co-founder of Waze, speaking into a microphone

    2013

    Google confirms it is acquiring Waze, the Israeli navigation app.

    Read the story

  • Assaf Rappaport, co-founder and chief executive of Wiz, at a conference in 2024

    2026

    Google completes its $32 billion acquisition of Israeli cybersecurity company Wiz.

    Read the story

  • The Wix headquarters building at Tel Aviv Port

    2013

    Wix, the Israeli website-building company, lists on Nasdaq, raising $127 million.

    Read the story

Where each fact was read.

Sources read on 1 November 2026.