The deal, IBM and Globalfoundries will be announced today
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POSTER: computer news || THE DEAL, IBM AND GLOBALFOUNDRIES WILL BE ANNOUNCED TODAY |
DATE:2014-10-20 |
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Today will be announced the deal between IBM and Globalfoundries, the results of which will receive the latest production facilities and the first obligation to provide IBM processors for 10 years. As has been reported, the semiconductor division of IBM gives only 2% of revenue, but brings $ 1.5 billion Losses each year, so the company since 2013, is trying to him a buyer . The specifics of the deal is that IBM sends capacity Globalfoundries without any cost to the recipient. In fact, IBM will pay Globalfoundries, so it took over the care of the production facilities of Big Blue. However, Globalfoundries still give IBM some assets worth $ 200 million., So that the final amount of the transaction is reduced to $ 1.3 billion. Money will be transferred within three years. It is equally important that Globalfoundries simultaneously receive and access to IBM technology , which will allow it to develop its own semiconductor business. However, Globalfoundries previously had access to the know-how IBM, as the company consisted of a technological alliance. Terms of the transaction will be officially announced today, when the New York morning comes. | ||
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THE DEAL, IBM AND GLOBALFOUNDRIES WILL BE ANNOUNCED TODAY |
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The deal, IBM and Globalfoundries will be announced today (2014-10-20)
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