Home › Intel confirms acquisition of Moovit for USD 900 million
 

Keywords :   


Intel confirms acquisition of Moovit for USD 900 million

2020-05-05 08:43:00| Telecompaper Headlines

(Telecompaper) Intel has confirmed the acquisition of mobility applications developer Moovit for USD 900 million, or USD 840 million net of Intel Capital's profit on its initial stake. Moovit is expected to add to Intel's ADAS business Mobileye and its plan to become a complete mobility provider. 

Tags: million usd intel acquisition

Category:Telecommunications

Latest from this category

All news
04.03Your AI Agents Are Only As Smart As Your Data Infrastructure
24.02What Is a Forward Deployed Engineer? The Role Bridging AI Ambition and Production Reality
23.02From AI Pilots to Production Results with Governed Execution
Telecommunications »
06.032026 Crop insurance prices favor soybeans over corn
06.032026 Crop insurance prices favor soybeans over corn
05.03Pork industry titans inducted into NPPC Hall of Fame
05.03Parker honored with Paulson-Whitmore Award at National Pork Industry Forum
05.03Beef.com launches digital infrastructure blueprint
05.03Inside the beef market: Prices, policy, and meat inspection
05.03Oil prices, market impact from military strikes in the Middle East
05.03Oil prices, market impact from military strikes in the Middle East
More »