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Thread: News - IBM pays Global Foundries $1.5bn to take over chip-making unit

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    News - IBM pays Global Foundries $1.5bn to take over chip-making unit

    GloFo gets the cash over the next three years. IBM focuses upon software and research.
    Read more.

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    Senior Member watercooled's Avatar
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    Re: News - IBM pays Global Foundries $1.5bn to take over chip-making unit

    Interesting, but I was more expecting GloFo to pay IBM for the fabs! I wonder how that works? Maybe a cash injection for further investment etc to better their competitive position?

    Either way, IBM seem to have been a strong player in the semiconductor business over the years; I'm sure GloFo would benefit from this, and more competition should be a good thing.

    It's also good to see IBM will be keeping their research sector up and running.

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    Re: News - IBM pays Global Foundries $1.5bn to take over chip-making unit

    On the big plus side, if GloFo gain access to IBM semi-conductor research, that will quickly nip over to AMD who will be able to make use of it, save them a lot of R&D costs and allow them to begin catching up to Intel, making for better competition in the CPU sectors, higher performance and lower costs.

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    Re: News - IBM pays Global Foundries $1.5bn to take over chip-making unit

    Seems like a good way to divest a loss making enterprise from the balance sheet whilst retaining all its benefits of production, presumably linked very closely to exploitation of IBM's development of new materials (nano glass for instance).

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    Re: News - IBM pays Global Foundries $1.5bn to take over chip-making unit

    Very interesting. Be interesting to see what they do with the capacity, although I fear we will be looking at more ARM chips, rather than AMD x86.
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