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
12.12AI in Financial Services 2025: Turning Intelligence Into Impact
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
Telecommunications »
18.12Faisal Islam: Will 'Santa rate cut' have enough festive spirit to boost the economy?
18.12National Stewardship Action Council Marks Decade of Circular Economy Leadership with Release of a Decade of Impact
18.12New Guide Lays Out Best Practices for Future-Proofing MRFs
18.12What Tyson beef plant closure means for cattle producers
18.12Why gilt ears are important for selection into the breeding herd
18.12Development Possibilities: Why Recycling Depends on Strong End Markets
18.12West Suffolk Council Plan to Reopen Recycling Center in Newmarket
18.12Compost Market Competition Analysis 2025: How Players Are Shaping Growth
More »