Mobileye, Intel's self-driving startup, applies for an IPO

Mobileye, Intel’s self-driving startup, applies for an IPO

According to a filing with the Securities and Exchange Commission, Intel’s self-driving technology subsidiary Mobileye has filed for an initial public offering (IPO). The Israel-based business, which Intel purchased for $15.3 billion in 2017, specializes in producing the electronics and software that enable self-driving cars.