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Mobileye ?

• BeetleB 5y ago
  Bought for 15B. Net profit in 2021 was $1B. It'll take a while to get their investment back. Not sure I'd call it a successful acquisition.
  • colinmhayes 5y ago
    They're trying to IPO mobileye for $50B. If they can pull that off the acquisition will have been a major success.
    • pinewurst 5y ago
      But not an intentional one. They bought it as a "hey we're relevant too!" move at peak autonomous car hype, and as it's hardly additive in real life, are trying to IPO it for the dumb money before they have to write it off (e.g. Habana).
      • NicoJuicy 5y ago
        Peak autonomous hype would be when it's there. And there is too much money in it to never be there, to although I think it will take longer than most predictions. And net profit while amount of employees have grown 5 fold. Growth of 24% yoy is pretty good.