INTC · 10-Q · 2026Q3 · Full report

Classiq Acquisition Agreement

INTEL CORP · 2026-10-30 · Importance 47 · Surprise 60 · In source text

In October 2026, Intel entered a definitive agreement to acquire Classiq Technologies Ltd. for approximately $1.9 billion, subject to customary purchase-price adjustments. The agreement includes up to an unspecified amount of contingent consideration tied to performance milestones, and Intel may pay in cash or Intel common shares. Closing is expected in the first half of 2027, subject to regulatory approvals and customary conditions. Mobileye separately closed its acquisition of Mentee Robotics on February 3, 2026, but the purchase-price amount is omitted in the supplied filing text and Mentee’s reported results were not significant.

Key facts

• Subsequent to Q3 2026, Intel entered into a definitive agreement to acquire 100% of Classiq Technologies Ltd. for approximately $1.9 billion, subject to customary purchase price adjustments. source
• Intel expects the Classiq acquisition to close in the first half of 2027, subject to regulatory approvals and customary closing conditions; Intel may pay in cash or common stock. source
• Intel entered a definitive agreement in October 2026 to acquire Classiq Technologies for approximately $1.9 billion, subject to customary purchase price adjustments. source
• The Classiq acquisition agreement provides for up to $350 million of contingent consideration based on specified performance milestones. source
• Intel's Classiq acquisition agreement provides for up to an additional amount of contingent consideration based on specified performance milestones; the amount is omitted in the provided text. source
• Intel expects the Classiq acquisition to close in the first half of 2027, subject to regulatory approvals and customary closing conditions. source
• Intel may elect to settle the Classiq purchase price in cash or Intel common stock. source

Impact estimates