US-based silicon chip manufacturer Intel is planning to buy Israeli autonomous car technology company Mobileye.
Israeli media originally reported that the acquisition would cost Intel between $14bn-$15bn, however Intel later today confirmed that they would pay a total of $15.3bn for the company at a price of $63.54 per share. At this price, it would make the deal the largest ever acquisition of an Israeli high-tech firm, as well as…
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