Peter Brown, Electronics360
July 03, 2015
Now that the dust has settled on the whether or not regulatory approval would be granted to Globalfoundries’ takeover of IBM’s struggling semiconductor manufacturing division, will the foundry be able to accomplish what Big Blue was unable to do and make a successful business out of what it gained?
Under the deal, completed this week after U.S. regulatory bodies approved the transaction, IBM is not only handing over its 300mm wafer fab at East Fishkill, NY and its 200mm wafer fab at Burlington, Vermont, but is paying Globalfoundries to do so. Globalfoundries gains capacity cheaply, adds technology, strengthens its R&D between the two companies and secures its position as the No. 2 pure play foundry supplier.
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