Intel buying Mobileye for up to $16B to expand in self-driving tech
$16B is a great price for Mobileye's team, but I am not sure it is the best move for Intel.  But I guess Intel will try to sell package deals to car markers and thus use this to try to keep NVIDIA and ARM from locking up the in-car market.Thus it is a strategic move on Intel's part to fend off competitors rather than reflective of the intrinsic value of Mobileye.BTW what was Mobileye's revenue last year and profit margin?  About $350M in 2016, with probably $500M in 2017 it seems.  So the multiple is around 30x revenue or so?