Mobileye Raises $400 Mln
Mobileye N.V. said late Sunday it sold a $400 million equity stake to five "unaffiliated and highly regarded financial investors." Mobileye didn't disclose the buyers but Dealbook says they include BlackRock, Fidelity Investments, Wellington Management Co., Enterprise Rent-A-Car and Chinese Investment firm, Sailing Capital. The deal, which values Mobileye at $1.5 billion, is expected to close in August. Mobileye, of Amsterdam, develops advanced driver assistance systems.
8 July 2013•2 mins read
