Intel's Mobileye IPO eyes significantly lower valuation

Summary by Ground News

Intel is considering a significantly lower valuation than previously expected for the initial public offering of its self-driving car unit Mobileye, the Wall Street Journal reported. Mobileye's IPO was originally expected to be worth $50 billion but is now expected to come in at less than $20 billion. The pullback in the IPO's valuation would appear to reflect the turmoil the IPO market has experienced this year.

Published 4 months ago · Santa Clara, United States

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Reuters

Intel's Mobileye IPO eyes significantly lower valuation

Intel Corp is eyeing a valuation that is significantly lower than previously expected for the initial public offering of its self-driving car unit Mobileye, the Wall Street Journal reported on Monday, citing people familiar with the matter.

4 months ago·United Kingdom

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Channel News Asia

Intel's Mobileye IPO eyes significantly lower valuation

4 months ago·Singapore

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c|net

Intel's Mobileye Reportedly Mulling Substantially Lower IPO Value

The chip giant's self-driving car unit is now eyeing a valuation of less than $20 billion, down from its original $50 billion target, the Wall Street Journal reports.

4 months ago·New York, United States

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OAN

Intel's Mobileye IPO eyes significantly lower valuation

(Reuters) -Intel Corp is eyeing a valuation that is significantly lower than previously expected for the initial public offering of its self-driving car unit Mobileye, the Wall Street Journal reported on Monday, citing people familiar with the matter.Mobileye, which was originally expected to land a roughly $50 billion valuation, is now set to target one of under $20 billion and sell a smaller number of shares than originally planned, according …

4 months ago·San Diego, United States

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Money Control.com

Intel's Mobileye IPO eyes significantly lower valuation: Report

Mobileye, which was originally expected to land a roughly $50 billion valuation, is now set to target one of under $20 billion and sell a smaller number of shares than originally planned, according to the report.

4 months ago·India

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