You really have to wonder what, exactly, IBM will look like in a year. Talk revived this week about the tech giant trying to sell off its chip business, with a new leading candidate, Globalfoundaries, emerging, according to the Wall Street Journal and Reuters. Globalfoundries is the product of a joint venture by AMD and the Advanced Technology Investment Company. It launched in 2009.
Globalfoundries Inc. has emerged as the leading candidate to buy International Business Machines Corp.‘s IBM +0.49% semiconductor-making operations, said people familiar with the matter. IBM also held talks with chip makers Intel Corp. INTC -0.19% and Taiwan Semiconductor Manufacturing Co., 2330.TW -1.25% the people said, but TSMC has dropped out of the talks. While Intel is still involved, Globalfoundries appears to have a stronger interest, they said. Talks between IBM and Globalfoundries are continuing and A deal isn’t imminent. It involves thorny issues, the people said, including control of intellectual property and terms under which the facilities’ ultimate buyer might continue to make chips for IBM computers.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
Abridge's 93% valuation jump in four months tells us that something bigger than typical startup growth is cooking. It's a…
The man that was leading Apple's ultra-secret electric vehicle project has decided to leave the company, according to the Wall…
When it comes to respecting the privacy of its users and rejecting profligate government surveillance, few companies have as bad…
Whenever you hear about the ridiculous amounts of money that mobile games like Candy Crush Sage and Clash of Clans make,…
