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IBM to pay $1.5bn to shed chip-making business
Financial Times IBM has agreed to pay $1.5bn as part of a deal to shed its loss-making chip manufacturing arm and avoid the billions of dollars in capital spending it was facing to upgrade its manufacturing technology. The deal with GlobalFoundries, which is owned by an … IBM To Pay Globalfoundries $1.5B To Take Over Loss-Making Chip Unit: ReportInternational Business Times IBM to pay Globalfoundries $1.5 billion to take chip unit off its hands: WSJReuters IBM dumps its chipmaking unit on GlobalfoundariesFudzilla WallStreet OTC –Livemint all 84 news articles |
From:: Tech News By Google News
Zennie Abraham | Zennie Abraham or “Zennie62” is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.