The Jerusalem Post annual conference: 7 Israeli ministers will meet you there!
Israel's Mobileye files for US IPO
ByREUTERS
June 20, 2014 00:20

Mobileye NV, which makes software and cameras that help cars avoid accidents, filed with US regulators on Thursday to raise up to $100 million in an initial public offering.

The Israel-based company listed Goldman Sachs and Morgan Stanley as lead underwriters to the IPO, according to a regulatory filing.



The company's collision-avoidance technology is used in more than 3 million vehicles made by the likes of BMW and General Motors.

Mobileye's systems include a windshield-mounted camera that takes pictures of what is in front of the driver. The images are processed and, in real-time, a small device on the dashboard gives the driver audio-visual warnings.

Mobileye on Thursday did not say how many shares would be sold in the offering or the price the shares would be sold at.

Share this article via
from around the web
Related Content
Breaking news
February 24, 2017
Iraqi forces push into first districts of western Mosul

By REUTERS

Top Stories
Israel Weather
  • 7 - 20
    Beer Sheva
    8 - 19
    Tel Aviv - Yafo
  • 10 - 17
    Jerusalem
    10 - 18
    Haifa
  • 12 - 25
    Elat
    7 - 23
    Tiberias