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IBM Gets Green Light to Sell it's Microelectronics Division to GlobalFoundries

IBM Gets Green Light to Sell it's Microelectronics Division to GlobalFoundries

GLOBALFOUNDRIES To Acquire IBM's Microelectronics Business

IBM Gets Green Light to Sell it's Microelectronics Division to GlobalFoundries

 

IBM has received a Green Light from US officials to offload it's Microelectronics division to GlobalFoundries in a deal in which GlobalFoundries will actually be paid $1.5 Billion over the next 3 years to take this loss-making division off of IBM's hands.

As part of this Agreement, GlobalFoundries will gain substantial intellectual property including thousands of patents, making Globalfoundries the holder of one of the largest semiconductor patent portfolios in the world. Globalfoundries also will benefit from an influx of one of the best technical teams in the semiconductor industry, which will solidify its path to advanced process geometries at 10 nm and below. Additionally, the acquisition opens up business opportunities in industry-leading radio frequency (RF) and specialty technologies and ASIC design capabilities.

 

IBM Gets Green Light to Sell it's Microelectronics Division to GlobalFoundries  

Globalfoundries will also become IBM's exclusive fabricator for their 22nm, 14nm and 10nm chips for the next 10 years. 

 

“This acquisition solidifies GlobalFoundries’ leadership position in semiconductor technology development and manufacturing,” said Sanjay Jha, CEO of GlobalFoundries. “We can now offer our customers a broader range of differentiated leading-edge 3D transistor and RF technologies, and we will also improve our design ecosystem to accelerate time-to-revenue for our customers. This acquisition further strengthens advanced manufacturing in the United States, and builds on established relationships in New York and Vermont.”

 

All in all this new deal sound great for both companies, IBM removes a red stain from it's checkbook and GlobalFoundries receives a lot of industrial talent from IBM and a large amount of intellectual property, which should help GlobalFoundries further improve their process technology. 

 

You can join the discussion on IBM getting the green light to sell it's Microelectronic division to GlobalFoundries on the OC3D Forums. 

 

 

IBM has received the Green Light from US officials to offload it's Microelectronics division to...

Posted by OC3D on Wednesday, 1 July 2015
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Most Recent Comments

01-07-2015, 22:33:13

NeverBackDown
Wonder if all this new patents and advances GF is getting means they can get AMDs Zen CPU and make it more advanced if AMD indeed goes to GF to build it since GF has built a lot of AMD's chips beforeQuote

02-07-2015, 06:13:13

Kushiro
Glad they are doing well.Quote
Reply
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