GlobalFoundries this week said that the U.S. authorities had approved its acquisition of IBM’s microelectronics business unit. From now on, GlobalFoundries will make various important semiconductors for the U.S. military and government agencies. The Committee on Foreign Investment in the United States (CFIUS) has reviewed the proposed transaction between IBM and …
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Just like other contract makers of semiconductors, GlobalFoundries is already developing its next-generation 10nm process technology. However, despite of the fact that GlobalFoundries is about to acquire IBM’s semiconductor manufacturing business and the company’s close ties to Samsung Electronics, the 10nm fabrication tech is developed completely internally at the moment. …
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IBM and GlobalFoundries on Monday said that they have reached a definitive agreement under which the latter will acquire semiconductor manufacturing business of the former. GlobalFoundries will get intellectual property, world-class technologists and technologies related to IBM Microelectronics. It will also become IBM's exclusive server processor maker for 22nm, 14nm …
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Even though earlier this year it was reported that the talks between GlobalFoundries and IBM over the latter’s semiconductor business collapsed, a new media report claims that the two companies have finally come to an agreement. The Big Blue reportedly agreed to pay the contract maker of semiconductors for taking …
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As reported, the deal between International Business Machines Corp. and GlobalFoundries over chip manufacturing assets of the former has failed to materialize because the latter did not want to pay enough to the former. However, according to a new report, it was IBM, who was offering money to GlobalFoundries to take …
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International Business Machines Corp. and GlobalFoundries have ended negotiations regarding acquisition of IBM’s semiconductor manufacturing assets by the contract maker of chips. The two companies failed to agree on the price, according to a media report. Earlier this year it was reported that IBM wanted $2 billion for its money-losing …
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