Shares of Mobileye N.V. (NYSE:MBLY), maker of vision-based advanced driver assistance systems, rose in the first quarter in response to Intel’s offer to acquire the company. We have long believed in the potential for Mobileye to become the “Intel Inside” of cars of the future. We think Mobileye’s entrepreneurial management team has clear goals that can benefit society, and we look forward to its product development around semi-autonomous and autonomous driving. (Gilad Shany)
From the Baron Opportunity Fund first quarter 2017 shareholder letter.
