22.10.2014 - Sweet deal for GlobalFoundries and Mubadala
IBM is paying GlobalFoundries $1.5 billion to acquire IBM’s global commercial semiconductor technology business, including intellectual property, world-class technologists and technologies related to IBM Microelectronics. The acquisition is a win for GlobalFoundries and for Abu Dhabi. GlobalFoundries is 100 percent owned by Mubadala Development Company, Abu Dhabi’s sovereign wealth fund. Its mandate is the economic diversification of the Emirate. Mubadala’s portfolio is valued at more than $60.93 billion...............................................Full Article: Source
Print