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Mobileye's stock is soaring on a report that Intel just bought it for $15 billion
Mobileye's stock is soaring on a report that Intel just bought it for $15 billion
Portia CroweMar 13, 2017, 15:46 IST
A device, part of Mobileye driving assist system, is seen on the dashboard of a vehicle in JerusalemThomson Reuters
The Israeli autonomous-driving company Mobileye soared in pre-market trading on Monday on a report that Intel had bought it for $15 billion.
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Mobileye's stock was up 30% around 6:13 a.m. ET after the Israeli newspaper Haaretz published a story, citing sources, on what would be the biggest acquisition in Israeli high-tech in history.
