BRIEF-Mobileye Announces Acquisition Of Mentee Robotics Ltd. For $900 Mln

Reuters01-07

Jan 7 (Reuters) - Mobileye Global MBLY.O:

MOBILEYE: ANNOUNCES ACQUISITION OF MENTEE ROBOTICS LTD. FOR $900 MILLION
MOBILEYE: MENTEE WILL OPERATE AS AN INDEPENDENT UNIT WITHIN MOBILEYE
MOBILEYE: DEAL WITH MENTEE EXPECTED TO MODESTLY INCREASE MOBILEYE’S OPERATING EXPENSES IN 2026 BY A LOW-SINGLE-DIGIT PERCENTAGE

Further company coverage: MBLY.O

((Reuters.Briefs@thomsonreuters.com;))

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