Jefferies Downgrades Intel (INTC) to Hold
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/24/2026
- Wall Street set to open lower as high-stakes Iran, inflation tests loom
- Oil falls ahead of US announcement of new sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- RUM Group signs $13.7 billion GPU services deal, issues warrants
- Hungarian Gripen jet crashes, no injuries reported, PM Magyar says
- XPeng Inc. (XPEV) Misses Q2 EPS by 100c ; Provides Outlook
- Wall Street set to open lower as high-stakes Iran, inflation tests loom
- Wattmore and Eos Energy strike non-exclusive storage software deal
Intel (INTC) Announces Acquisition of Mobileye (MBLY) for $63.54/Share in Cash
March 13, 2017 7:31 AM EDTIntel Corporation (NASDAQ: INTC) and Mobileye N.V. (NYSE: MBLY) today announced a definitive agreement under which Intel would acquire Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving. Pursuant to the agreement, a subsidiary of Intel will commence a tender offer to acquire all of the issued and outstanding ordinary shares of Mobileye for $63.54 per share in cash, representing an equity value of approximately $15.3 billion and an enterprise value of $14.7... More
