GlobalFoundries, IBM sold its factories for the production of processors

IBM is one of the few manufacturers, that still ??have their ??own production of processors – so he not only nezavisel from other manufacturers, but also took orders for other companies. Giant is not in very good financial health, and therefore I decided to sell its plants, your partner GlobalFoundries .

ibm-factory-processors

After lengthy negotiations,, Both companies have signed an agreement, which provides for the introduction of plants in East Fishkill, New York and Vermont Essex Junction, as well as associated with these plants intellectual property rights, amount of a transaction 1,5 billion – the contract will be completed in 2015 year after, had finished all the formalities, and the full amount must be paid within three years.

The agreement also includes a long-term cooperation between the two companies, GlobalFoundries will be the sole supplier of processors for IBM over the next 10 years old, so that it will be necessary to develop production technology 22 nm, 14 nm 10 nm. The new owner will also receive almost all of the former IBM employees. GlobalFoundries, It seems more interesting patents and engineers, than plants.

Although IBM is not in good financial condition, Board of Directors also decided to invest $ 3 billion in research and development of semiconductors over the next five years. GlobalFoundries will have access to these tests, through cooperation with colleges Nanoscale Science and Technology (CNSE).

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