Intel buys Israeli urban mobility startup Moovit for $900M

Intel buys Israeli urban mobility startup Moovit for $900M

4 years ago
Anonymous $jLg5ANTo37

https://apnews.com/d008cdf4bfac9bca9ad2fc285d40a27e

JERUSALEM (AP) — Intel said Monday that it has purchased Israeli urban mobility startup Moovit for $900 million.

The California-based chipmaker said the purchase buttresses its plan to become a “complete mobility provider.”

Intel buys Israeli urban mobility startup Moovit for $900M

May 4, 2020, 6:00pm UTC
https://apnews.com/d008cdf4bfac9bca9ad2fc285d40a27e > JERUSALEM (AP) — Intel said Monday that it has purchased Israeli urban mobility startup Moovit for $900 million. > The California-based chipmaker said the purchase buttresses its plan to become a “complete mobility provider.”