Monday, December 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > PC Parts > IBM Off...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, August 05, 2014
IBM Offered Globalfoundries 1bn Dollars To Take Chip unit: report


Bloomberg reported today that IBM could pay as much as 1 Billion USD to Globalfoundries in order to offload its loss-making chip foundry operations.

IBM was offering about US$1 billion to entice Globalfoundries to take the unit, said Bloomberg's unnamed source. Globalfoundries wanted to be paid about US$2 billion, enough to offset the division?s losses, the report added.

IBM seems to be urgently trying to get less-profitable businesses off the books.

With the talks breaking down, the chip-manufacturing business is likely to continue to weigh on IBM?s profit.

According to other sources, Globalfoundries was primarily interested in acquiring IBM?s engineers and intellectual property, rather than manufacturing facilities.




Previous
Next
Toshiba Launches 5TB Surveillance HDD        All News        Pebble's Smartwatch Now Available In More Colors
Toshiba Launches 5TB Surveillance HDD     PC Parts News      Marvell Introduces New PCIe 3.0 NVM Express SSD Controller

Get RSS feed Easy Print E-Mail this Message

Related News
Intel, IBM Follow Different Strategies On 14nm FinFET
Apple and IBM Bring Big Data Analytics and Security Capabilities on iPhone And iPad
Mobile Shopping Dominated During Thanksgiving And Black Friday
IBM Patents Cloud Privacy Engine
IBM Introduces Verse Business E-mail With Social Media Integration
Lufthansa Signs $1.25 billion Deal with IBM
Twitter and IBM Form Partner to Data Analytics
Glonbalfoundries Buy IBM's Micorelectronics Business
New IBM Tape Cartridge Holds 10TB Uncompressed Data
IBM and SAP Partner On Enterprise Cloud
IBM Claims New OpenPOWER-Based Systems Are Superior Alternative to x86-Based Servers
Lenovo Set to Close Acquisition of IBM's x86 Server Business

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .