Intel acquires Moovit for $900M; accelerating Mobileye’s Mobility-as-a-Service offering
Green Car Congress
MAY 5, 2020
Intel Corporation today has acquired Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900 million ($840 million net of Intel Capital equity gain). Moovit was founded in 2012 and is based in Tel Aviv, Israel, with approximately 200 employees.