Tag: $15.3

05 MAR

AXA is buying XL Group for $15.3 billion

Thomson Reuters AXA has agreed to pay $ 15.3 billion for Bermuda-based XL Group. The deal equates to $ 57.60 per XL Group share, a 33% premium to Friday’s closing price. It’s the latest mega-deal in the insurance space. (Reuters) – France’s AXA moved to buy Bermuda-based XL Group for $ 15.3 billion on Monday to create what […]

13 MAR

Intel Jumps Up and Down Shouting 'We're Here Too' With $15.3 Billion Mobileye Acquisition

Image: Getty Intel just plunked down $ 15.3 billion for Mobileye, a leading manufacturer of sensors and cameras for autonomous cars, as it tries to catch up with microchip rivals Nvidia and Qualcomm in the driverless car industry. Advertisement The deal is the latest movement in an increasingly cozy relationship between Intel and Mobileye. The […]

13 MAR

Intel buys self-driving tech firm MobilEye for $15.3 billion

Intel’s recent work with MobilEye on self-driving cars must have gone well, because the chip giant is buying its Jerusalem-based partner for $ 15.3 billion. The deal was first reported by Israeli business site The Markerbut has now been confirmed by the two companies. MobilEye is one of the largest players in autonomous vehicle tech […]