Intel in talks to buy Israel's Moovit public transit app for US$1bn

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Intel in talks to buy Israel's Moovit public transit app for US$1bn

Financial news website Calcalist reported on Sunday.

Chipmaker Intel Corp is in advanced talks to acquire Israeli public transit app developer Moovit for US$1 billion, financial news website Calcalist reported on Sunday. Moovit has raised US$133 million from investors including Intel, BMW iVentures and Sequoia Capital. Officials at Intel Israel ...

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