March 13, 2017 / 10:03 AM / in 5 months

Intel to buy Mobileye for $14-$15 bln -Israeli media report

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JERUSALEM, March 13 (Reuters) - Chipmaker Intel has agreed to buy Israeli technology firm Mobileye for $14-$15 billion dollars, according to TheMarker, one of Israel's leading financial newspapers.

The companies will announce the deal later on Monday, TheMarker reported on its website. Mobileye is a leading manufacturer of software for autonomous vehicles.

Intel and Mobileye were not immediately reachable for comment. (Reporting by Ari Rabinovitch; editing by Luke Baker)

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