Mobileye completes $637M acquisition of Mentee Robotics
Mobileye completed its acquisition of 100% of Mentee Robotics on February 3, 2026. Intel's filed purchase accounting records a $637 million purchase price, primarily $596 million in cash net of cash acquired plus Mobileye shares not contingent on continued employment; employment-contingent stock in the headline $900 million package is excluded.
Why it matters
Mentee Robotics joined Mobileye after the companies completed their previously announced acquisition.
Evidence notes
- The transaction closed on 3 February 2026 and transferred all outstanding Mentee shares to Mobileye and its wholly owned affiliate.
- Consideration comprised approximately USD 612 million in cash and 26.28 million Mobileye Class A shares.
- Mentee continues as a dedicated humanoid-robotics unit within Mobileye's broader physical-AI portfolio.
Company context
Develops humanoid robotic systems focused on combining perception, manipulation, and control into unified platforms for real-world task execution. The company is building a general-purpose humanoid designed to operate in human environments.