Skip to content Skip to sidebar Skip to footer
Home / Technology

Globalfoundries to take over IBM chip unit

Diposkan oleh silent aja Post a Comment


Bloomberg


International Business Machines Corp. has reached an agreement for Globalfoundries Inc. to take over IBM's semiconductor operations, people familiar with the matter said.


IBM will pay Globalfoundries $1.5 billion to take the chip operations off its hands, one of the people said. Bloomberg News reported those terms in a story posted Sunday.


IBM put out an advisory Sunday, stating that it would announce 'a major business announcement' Monday morning along with its third-quarter results.


An expanded version of this report appears on WSJ.com.


Lokasi:

You may like these posts :

Post a Comment for "Globalfoundries to take over IBM chip unit"