U.S. chip giant Intel has agreed to buy Israeli driverless technology firm Mobileye for $15.3 billion, the largest ever acquisition of an Israeli high-tech company.
The $63.54 per share cash deal is the world’s biggest purchase of a company solely focused on the autonomous driving sector. Mobileye accounts for 70% of the global market for advanced driver-assistance and anti-collision systems.
What can be the possible questions from above news:
Q1. Name the American multinational corporation and technology company, which has agreed to buy Israeli driverless technology firm Mobileye for $15.3 billion, recently.
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Source- The Indian Express