https://www.reuters.com/markets/asia/intels-mobileye-unit-set-be-valued-21-bln-strong-market-debut-2022-10-26/
3 replies (most recent on top)
Mobileye went through several valuations before IPO: $50B, $30B, $22B. It finally IPO'd at $16.7B.
This was the second IPO for Mobileye; the first was in 2014 and raised $890M.
Intel bought Mobileye in 2017 for $15.3B.
Intel has the opposite of the Midas Touch; everything [Intel] touches goes to sh-t.
it's valued at 17bn
and they wanted 50 billion from this LOL!!