GLOBALFOUNDRIES to Acquire IBM's Microelectronics Business

GLOBALFOUNDRIES announced that they have signed a Definitive Agreement under which GLOBALFOUNDRIES plans to acquire IBM's global commercial semiconductor technology business, including intellectual property, world-class technologists and technologies related to IBM Microelectronics. GLOBALFOUNDRIES will also become IBM's exclusive server processor semiconductor technology provider for 22 nanometer (nm), 14nm and 10nm semiconductors for the next 10 years.

New Partnership with INVECAS to Speed Customer Introduction of Leading-Edge Technology 

GLOBALFOUNDRIES announced a partnership with INVECAS Inc., a newly formed design services provider focused on accelerating customer introduction of new products on leading-edge semiconductor process technologies. INVECAS will operate multiple system-on-chip (SoC) design service centers in the United States and India to provide exclusive support for GLOBALFOUNDRIES customers.

IBM Microelectronics
Acquisition Update

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