Mobileye, the self-driving car unit of Intel Corp.,  has filed to debut on public markets, according to the company’s press release.

  • The filing, with the US Securities and Exchange Commission, happens as Mobileye aims to capitalize on the blossoming industry. 
  • Intel says it will retain the majority ownership in the unit after the transaction. 
  • Intel said it is yet to determine the number of shares and the price that would be offered.
  • Mobileye has been a growth story for Intel, with the unit growing faster than its parent since it was acquired in 2017. 

Intel announced plans to list the Mobileye unit late last year. INTC: NASDAQ is currently down -0.40%.