Why Intel Bought Mobileye

“As you've heard me say, others predict the future. At Intel, we build it,” Intel CEO Brian Krzanich wrote in a letter to employees.

On Monday, Intel bought it.

Intel, the world’s largest chipmaker, announced it will acquire Mobileye, a leading automotive supplier of sensor systems that help prevent collisions, for $63.54 per share, which has a fully-diluted equity value of $15.3 billion and an enterprise value of $14.7 billion.

The deal has left some scratching their heads such as


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